Fuel prices fail to drop despite falling oil costs
UK drivers are being denied savings at the pump as petrol prices barely budge despite a significant fall in wholesale oil prices. Experts urge retailers to pass on the cuts.
Category : Search result: energy prices
Renewable grid could cut power costs by a third, CSIRO finds
New CSIRO modelling reveals an 82% renewable electricity grid could be a third cheaper than current wholesale costs by 2030, challenging claims of soaring energy prices. Explore the future of clean power.
Homegrown Gas Vital for UK Energy Security, Says Boss
The UK's energy security depends on domestic gas production for decades, warns a leading industry figure. Discover why new North Sea fields are deemed essential.
Why falling oil prices aren't cutting UK fuel costs
UK drivers face stubbornly high petrol and diesel prices despite a drop in oil costs. We examine the refinery crisis, retailer margins, and the CMA's upcoming report.
Why UK petrol prices remain high as oil costs fall
As oil prices drop, UK drivers still face high fuel costs. We examine the clash between retailers, regulators, and campaigners over pump prices and profiteering claims.
Why UK petrol prices remain high despite falling oil costs
UK drivers face stubbornly high fuel prices despite a drop in oil costs. We examine the clash between retailers and regulators, and when a new price transparency scheme might help.
Energy bills to rise £108 by 2031 for grid upgrades
Ofgem announces a £28bn energy infrastructure investment, adding £108 to average household bills by 2031. Get the full breakdown of costs and government support.
Greenpeace urges Ofgem to protect billpayers from energy hikes
Greenpeace calls on Ofgem to regulate energy grid upgrades, preventing unnecessary bill increases and ensuring value for money as the UK transitions to clean energy.
UK's Largest Solar Farm Approved in Suffolk
The UK government has approved the Sunnica Energy Farm, a massive 3,500-acre solar project in Suffolk. It will power 400,000 homes and create 1,000 jobs. Read more on the implications for UK energy.
Data centres could derail Australia's climate targets
Experts warn Australia's data centre boom, fuelled by AI, could triple energy demand by 2030, jeopardising net zero ambitions and increasing reliance on fossil fuels. Read the full analysis.
Clean energy investment hits lowest level in almost a decade
Investors warn of 'deep structural issues' causing a slump in solar and wind farm investment, threatening Australia's 2030 renewable energy targets. Read the full analysis.
How UK Heat Zones Can Cut Bills & Carbon
UK cities waste enough heat to meet 38% of London's demand. Learn 6 key lessons from Europe on rolling out heat networks to slash energy bills, create jobs, and decarbonise urban centres.
Elderly left in cold by faulty energy meter and poor service
An elderly woman in Stafford was left without heating due to a faulty British Gas prepayment meter, highlighting systemic customer service failures across UK energy suppliers, including billing errors and threats to minors.
Ovo Energy's Fall from Grace and Financial Struggle
Ovo Energy, once the UK's green energy disruptor, faces a battle for survival. We examine its financial woes, executive exodus, and the controversial millions paid to its founder's company.
Democrat wins Virginia seat on data centre platform
John McAuliff's victory in a traditionally Republican Virginia district, focusing on data centres' impact on energy bills, offers a blueprint for Democratic campaigns. Discover how local issues trumped national politics.
US states legalise balcony solar panels for millions
Millions of Americans could soon power homes with plug-in balcony solar panels as states rewrite energy laws. Discover how this renewable energy shift benefits renters and homeowners.
Trump Cuts Derail Appalachia Clean Energy Revival
Billions in clean energy funding for former coal communities revoked by Trump administration, devastating economic recovery efforts across Appalachia and halting vital projects.
Energy Advisers Warn Ministers of UK Gas Supply Crisis
Britain faces potential gas supply emergencies this winter as energy experts issue urgent warnings to government ministers about storage capacity and infrastructure risks.
Labour's North Sea oil policy contradictions exposed
Labour's North Sea oil strategy faces criticism as energy department's pragmatic licensing clashes with Treasury's windfall tax, creating uncertainty for jobs and investment.
Budget 2025: Octopus Boss Hails Energy Bill Cuts
Chancellor Rachel Reeves announces a £150 cut to average energy bills from April 2025, scrapping green levies. Octopus Energy's Greg Jackson calls it a 'positive step'.
Gas price surge drives Australian inflation crisis
New inflation data reveals how Russia's Ukraine invasion triggered an energy price shock, delivering windfall gas profits while households face soaring electricity bills. Discover the full impact.
Reeves Faces £700m Fish vs Energy Crisis Decision
Chancellor Rachel Reeves must decide on nuclear reforms that could slash energy bills or maintain costly bureaucracy spending £700m annually to protect a single fish.
British Gas CEO Proposes Tax Shift to Cut Bills
Centrica CEO Chris O'Shea calls for energy levies to be moved to general taxation, saving households £200. He says he's 'happy to pay more' tax. Read the full story.
MP Ed Husic: Australia 'begs for scraps' from gas firms
Labor MP Ed Husic delivers impassioned parliamentary speech demanding cheaper domestic gas prices and confronting overseas companies reselling Australian fuel for profit.
Australia faces domestic gas shortage by 2028
Australia exports three-quarters of its gas, risking domestic shortages by 2028. Former minister Ed Husic demands action against 'profiteering' as mortgage pressures intensify nationwide.
Husic breaks ranks, demands gas market reform
Labor MP Ed Husic demands strong action to fix Australia's 'fundamentally distorted' gas market, backing calls to end exporter profiteering and secure cheaper energy for households.
UK Plan to Cut Nuclear Reactor Costs and Delays
A government taskforce proposes radical regulatory reforms to accelerate the UK's new nuclear reactor programme, aiming to lower costs and construction times while maintaining safety.
Giant Spinning Machine to Secure Australia's Energy Grid
Australia's largest synchronous condenser begins testing in Victoria, providing crucial grid stability and enabling more renewable energy integration. Discover how this technology supports the clean energy transition.
Ovo Energy Axes Hundreds of Jobs Amid Crisis
Struggling energy supplier Ovo prepares to cut several hundred jobs next week as part of urgent restructuring plan to convince regulators and secure £300m investment.
Drax Burns 250-Year-Old Canadian Trees for Energy
Drax power plant accused of burning ancient Canadian trees while receiving billions in UK green subsidies. Experts reveal the true environmental cost of biomass energy.
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