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Proposal to vary electricity charges in England, Wales and Scotland based on location dropped in favour of ‘fair and affordable’ single priceBusiness live – latest updatesThe government has abandoned plans for “zonal pricing” that would have charged el…
UK government writes to husband and wife team amid concerns finding buyer for insolvent plant will be difficultThe UK government has written to the husband-and-wife team behind the insolvent Prax Lindsey oil refinery in Lincolnshire urging them to “do …
Energy minister decides against ‘zonal pricing’, backed by Octopus founder but opposed by many other energy firmsEd Miliband has abandoned plans to charge southern electricity users more than those in Scotland, after senior officials warned it could pu…
Supplier failed to issue final bills to 34,000 prepayment customers who stopped using it, Ofgem findsBusiness live – latest updatesThe energy regulator has ordered Octopus Energy to pay £1.5m in refunds and compensation, after an investigation found th…
DTE Energy had denied involvement in dark money non-profits, but court documents show a $100,000 donationNewly released court documents show power utility DTE Energy knowingly contributed $100,000 to a dark money non-profit that helped sabotage Michiga…
After US jury said it should pay oil pipeline firm $660m, Greenpeace is hoping to reclaim funds via EU anti-Slapp lawThe outcome of a court case in the Netherlands could shape the right to protest around the globe for decades to come, campaigners have …
Ofgem opens investigation into National Grid as report finds incident that cut airport power was preventableBusiness live – latest updatesThe root cause of the substation fire that shut Heathrow airport was a preventable technical fault that National G…
Details of payouts to Winston Soosaipillai and wife Arani emerge as calls grow for couple to financially support 625-strong workforceThe married couple behind the Prax Lindsey oil refinery awarded themselves at least $15.9m (£11.5m) in pay and dividend…
Ofgem approves investment amid push by government to expand UK’s renewables sectorBusiness live – latest updatesEnergy companies have been given the green light to spend nearly £24bn on Great Britain’s electricity grid, in a move that will further incr…
Shell doubles down on denials after media reports of early talks with rival BP to create £200bn UK oil companyBusiness live – latest updatesShell has said it has “no intention” of making an offer for the rival fossil fuel company BP after speculation i…