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 more
Assured Energy Outlook: Issue 22 - July 2018
Government could increase energy bills by exempting industry from cost of renewables
The government has proposed to widen a scheme that exempts some energy-intensive industries (EIIs) from paying the indirect costs related to renewable subsidy schemes. Through a consultation launched 22 June, the changes would allow a greater number of EIIs to avoid fees for Contracts for Difference (CfD) renewables auctions, the Renewables Obligation (RO) for large-scale renewable electricity projects and, if introduced, Feed-in Tariff (FiT), costs which support small-scale renewables.
Posted at: 02/07/2018Read more
Assured Energy Outlook: Issue 21 - June 2018
Calls grow for UK to adopt net zero emissions target
On 1 June a cross-party group of MPs called on the government to establish a legally-binding net zero emissions target in this Parliament, while the end of May saw think tank Bright Blue call for the UK to be the first G7 nation to adopt such a target.
Posted at: 01/06/2018Read more
Assured Energy Outlook: Issue 20 - May 2018
Business leaders call on Brexit negotiators to secure close UK-EU climate cooperation
A coalition of 21 energy and business leaders has released a joint letter calling on the UK and EU to work together to ensure that the goals set under the Paris climate agreement are met following the Brexit process.
Posted at: 01/05/2018Read more