Gas retail

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Miliband calls for ‘root-and-branch reform’ of energy regulation

Miliband calls for ‘root-and-branch reform’ of energy regulation

Shadow secretary for climate change and net zero Ed Miliband has called for “root-and-branch reform” of energy regulation, saying failures over the last decade have left the UK more exposed to high energy costs than other countries in Western Europe. Speaking during a House of Commons debate on Labour’s motion to cut VAT on household energy bills, which was subsequently defeated, Miliband also accused the government of being “paralysed” in the face of a cost-of-living crisis.

3 years ago

SMS to test solutions for smart meter ‘blackspots’

3 years ago

Together Energy facing expulsion from BSC

3 years ago

Weekend press round-up: ‘No quick fix’ to energy crisis

The ongoing energy crisis continued to grab headlines in the weekend’s papers, with experts warning there is “no quick fix”, Labour urging the government to impose a windfall tax on oil and gas companies to fund support for struggling households and Tory MPs claiming the Treasury is set to see its own £1bn windfall from VAT on energy bills.

3 years ago

On the Move: Amber Rudd becomes Centrica director

3 years ago

PM urged to ‘stand up’ to chancellor on energy VAT cut

3 years ago

SoLR levy proposals ‘cannot come at any price’

3 years ago

Proposal for volumetric SoLR gas levy granted urgent status

3 years ago

Johnson dismisses VAT cut on energy as ‘blunt instrument’

3 years ago

2021: A painful year for the energy retail market

3 years ago

Reduced flows from Russia see gas prices surge to new highs

Gas prices surged to new record highs earlier this week following reduced flows from Russia into Europe but have since eased off slightly after LNG shipments were diverted away from Asia.  ICIS said front month contracts for January on the National Balancing Point gas market closed at 450 pence per therm on Tuesday (21 December), extending the previous sessions’ all-time high by another 80 pence.

3 years ago

Energy retailers allowed to claim back £1.8bn of SoLR costs

3 years ago

Supplier failures in 2021 could cost more than £2bn

3 years ago

Weekend press round-up: Centrica is having a good energy crisis

In our latest round-up of national newspaper coverage, industry experts explain why they believe Centrica may benefit from the energy crisis, business leaders warn of a “hostile environment” in the energy sector and Age UK raises concerns about the impact cold weather has on older people.

3 years ago

Ofgem acts… but has the horse already bolted?

3 years ago

Ofgem rebukes 20 suppliers for overstating renewable credentials

3 years ago

Government pauses plans for energy autoswitching  

3 years ago

Temporary measures proposed to combat market volatility

3 years ago

Ofgem mulls radical shake-up of default tariffs  

3 years ago

Energy retailers to face financial stress tests

3 years ago

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