MPs have accused the Treasury of making the government’s clean energy revolution unworkable and creating the risk of higher household bills, according to a report by the BBC. They said Treasury changes to the draft Energy Bill will increase the risk of borrowing for investors and increase the cost...
Chancellor George Osborne and Business Secretary Vince Cable have welcomed substantial new investment in the UK energy sector. The announcement was made at the British Business Embassy event in London, hosted by the Dept of Business, Innovation and Skills. Up to 4,000 UK jobs will be supported by the...
UK power, along with other energy markets, continued to see prices gain in early July, helped by threats by striking Norwegian oil and gas workers to bring all Norwegian production to a halt. But the uptrend was quickly broken as the Norwegian government forced an end to the industrial...
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