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Renewable energy generator said underlying group profits were helped by windy conditions last yearProfits for ScottishPower, the renewable energy generator, were improved by windy conditions last year – but the supplier took a hit as Britons cut back o…
Firm’s owner says closure of coking ovens is down to global economic challenges and rising energy billsBritish Steel is closing the coking ovens at its Scunthorpe works with the loss of 260 jobs, as the UK steel industry struggles amid high energy pric…
Report finds four new offshore depots would emit around three times what the entire US emits each year, pushing world closer to climate catastropheJoe Biden’s administration has been urged not to sink its own climate goals by approving an unprecedented…
Watchdog says energy firms should pay compensation before end of review into practice which charities say hits vulnerable mostOfgem has told energy suppliers to rip out prepayment meters which have been wrongly forcibly fitted and pay compensation now,…
Conflict came on top of our over-reliance on gas, says Energy and Climate Intelligence UnitThe UK’s over-reliance on gas has been blamed for pushing up bills as it emerged that the energy crisis stemming from the war in Ukraine had cost the equivalent …
Nearly 2m energy support vouchers worth £125m in total either lost, delayed or unclaimedNearly a quarter of energy vouchers, designed to help the most vulnerable households with their gas and electricity bills, still have not been redeemed, according t…
Exclusive: Ukrainian economic adviser urges energy firms to heed deadline to halt trade of ‘Russian-origin oil products’Oil company Shell and energy trader Vitol have been accused of prolonging the war in Ukraine by exploiting a “loophole” in the EU sa…
French firm’s 2022 pre-tax figure of £1.1bn in Britain relates to nuclear operations and higher energy pricesThe UK arm of the French energy company EDF bounced back to profit last year, making more than £1bn, as it was boosted by the rising cost of wh…
Chris O’Shea urged to ‘look at his conscience’ amid cost of living crisis and prepayment meter scandalThe chief executive of Centrica has refused to say whether he will waive a £1.6m bonus, as the British Gas owner’s annual profits tripled to a record …
Britain’s largest energy supplier only recently ended its much-criticised forced installation of prepayment metersThe owner of British Gas is poised to reveal record annual profits of more than £3bn, weeks after suspending the forced installation of pr…