Autumn Statement 2023 - Energy Highlights
The Chancellor of the Exchequer, Jeremy Hunt, has today unveiled the government’s spending and tax commitments for the coming years, with implications for personal and business finances alike. As one of the key drivers of inflation, energy was unsurprisingly one of the salient topics covered.
Read moreAssured Energy Outlook: Issue 27 - December 2018
Energy security scheme suspended after EU Court ruling
The General Court of the European Court of Justice ruled in November that the UK’s Capacity Market (CM) – the main system to guarantee security of electricity supply – is no longer legal under State Aid rules, resulting in the UK government suspending payments under it.
Posted at: 03/12/2018
Read moreAssured Energy Outlook: Issue 26 - November 2018
Budget energy announcements receive mixed reaction
Chancellor Philip Hammond delivered his Autumn Budget on 29 October, including a range of announcements relevant to the energy sector.
Posted at: 05/11/2018
Read more7 Ways to Save Business Energy
Assured Energy Outlook: Issue 25 - October 2018
Party conferences bring new energy policies
The last month has been party conference season, with Labour’s taking place towards the end of September. They unveiled their plan for a “Green Transformation”, through which they will aim for the UK to get 60% of its power from renewable sources within 12 years of Labour taking power.
Posted at: 01/10/2018
Read moreAssured Energy Outlook: Issue 24 - September 2018
UK and EU business leaders warn that without post-Brexit agreement, energy costs could rise
An alliance of top-level UK and EU businesses has highlighted the importance of continued energy co- operation regardless of the Brexit outcome in an open letter to Prime Minister Theresa May and President of the European Commission Jean-Claude Juncker.
Posted at: 03/09/2018
Read moreAssured Energy Outlook: Issue 23 - August 2018
Support scheme for small-scale renewables set to close, while EIIs gain exemption
A consultation was opened by the government on 19 July on the closure of its Feed-in Tariffs (FiT) scheme. Opened in 2010 the FiT supports small-scale low- carbon technology developments such as sub-5MW solar installations.
Posted at: 06/08/2018
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