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A biomass plant in Teesside backed by Macquarie has secured emergency funding of £80 million to avert an “imminent cashflow crisis”.The Tees Renewable Energy Pl ....
The energy price cap is keeping bills artificially high and fuelling inflation, an influential think tank has warned. The Centre for Policy Studies (CPS) is urging ministers to scrap the cap, arguing that it prevents people from accessing cheaper deals. The energy price cap was originally introduced in 2017 as a temporary measure to stop energy companies overcharging loyal customers who didn’t shop around for deals. The Government argued it would protect vulnerable customers, such as those on prepayment meters or with a disability. - Daily Telegraph ....
The UK energy market is shifting its focus to renewable energy in response to Russian sanctions and growing concerns over fossil fuels, reveals the latest data from the Energy Industries Council (EIC), the world’s leading energy trade association and purveyor of timely and actionable data, events, insights, and analyses. ....
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