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Davey fears political consensus on energy “breaking down”

Energy Secretary Ed Davey today sounded the alarm bells about political consensus on energy, saying it is “in danger of breaking down”. In a speech to members of the thinktank IPPR, the Lib Dem MP said...

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Businesses invited to earn cash by reducing energy demand

The UK Government is calling on businesses to sign up to a new £20 million programme that could pay them for reducing their energy use during times of peak demand. Under the pilot scheme, projects will...

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Ministers urge EU to back climate goals

The European Council is being urged to agree on the 2030 climate and energy goals, including a binding domestic greenhouse gas target of at least 40%. Leading Ministers from across the EU warned a...

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Suppliers obliged to put QR codes on energy bills

Energy bills are to have compulsory Quick Response (QR) codes to make it easy for consumers to find the best deal and help them save money. Energy Secretary Ed Davey today announced he wants all energy...

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£500,000 to kick-start community energy projects

The Government has awarded £500,000 for a dozen community energy projects that help manage energy usage and reduce bills. It said that while the community energy sector is growing, smaller energy...

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SSE has shown ‘Big Six can cut costs and profits’

The Government believes energy company SSE’s announcement to freeze gas and electricity prices until 2016 has shown that large energy suppliers “are able to cut their costs and profits”. Energy...

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Centrica boss warns of power cuts following competition probe

Centrica’s chief executive today warned there’s an “increasing risk” of power cuts in Britain as a result of the competition investigation. Ofgem today announced the Big Six energy companies will be...

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Doubling interconnector capacity ‘could save UK £1bn a year’

The UK could save up to £1 billion every year if it were to double its interconnector capacity by the end of the decade, according to a new report. It estimates each 1GW of new interconnector capacity...

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Davey: independence will boost Scots’ energy bills

Energy Secretary Ed Davey today claimed independence could push up Scottish consumers’ energy bills by nearly £200 per household and hundreds of thousands of pounds for a medium sized manufacturer....

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Climate risk “too great to stop here” says Davey

The world must push on with sweeping changes to its traditional energy use, Energy Secretary Ed Davey said yesterday echoing calls from the UN’s body for climate change research. Speaking after the...

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Don’t dismiss Putin energy threat says Davey

Russian President Vladimir Putin’s threat to European energy supplies should be taken more seriously, UK Energy Secretary Ed Davey has said in a newspaper interview. The Lib Dem MP told the Independent...

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Ex-Logica boss to head counterparty for energy auctions

The former boss of IT firm Logica is to head up the company which guarantees payments to energy generators in energy auctions. Dr Martin Read will chair the Government-owned Counterparty Company which...

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Energy firms vow to halve switching times

Energy companies have agreed to slash switching times by half by the end of the year, the Government has announced. That means consumers will soon be able to switch energy suppliers in around two and a...

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Green light for eight UK renewable energy projects

Plans for eight major renewable energy projects, which are expected to support around 8,500 jobs, have been given the go-ahead by the Government. The contracts, which include offshore wind farms and...

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Davey: Tories’ onshore wind farm plans disastrous

Liberal Democrat Energy Secretary Ed Davey (pictured) has warned the Conservative Party’s plans to end financial support for new onshore wind farms would be “disastrous”. Conservative Energy Minister...

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Profs scold Government for energy confusion

Professors and academics behind a new report have taken the Government to task for trying to sway public opinion on energy sources and creating political uncertainty which could stop the UK from...

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Up to £7,600 cash back for energy efficient homes

Householders in England and Wales will be able to get thousands of pounds back for installing energy efficient measures. From next month, the Government will be offering up to £7,600 through a new...

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Davey at G7 meet – “No country must be able to use energy as weapon”

Ministers from G7 nations met in Rome yesterday to discuss energy security and how to shrug off dependence on “single powers”. The thinly veiled reference to Russia comes as its President Vladimir...

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E.ON fine ‘too late’ for mis-sold energy customers

Ofgem’s fine for energy supplier E.ON sends a clear warning message that mis-selling won’t be tolerated but it’s “too late” for customers who were mis-sold. Consumer body Which? believes the “damage to...

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Davey: single energy market can be “backbone” of EU energy security

UK Energy Secretary Ed Davey believes the single market can be the “solid backbone” of Europe’s energy security. In a speech at the trade body Eurelectric’s conference in London this morning, the...

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