Britain’s energy minister has said “every penny” levied on household energy bills will be scrutinised after suppliers warned that households could face a price hike of £250 a year due to the war in Iran. Michael Shanks told MPs that the government would stand ready to provide support wherever needed, but it would not be
After prices of liquefied natural gas surged to record highs after Russia’s full-scale invasion of Ukraine in 2022, millions of people in Pakistan were repeatedly left without electricity. An intense heatwave and gas shortages amid record-breaking prices resulted in power cuts across the country. But people soon started to realise there was an alternative. The
Approximately 14 million households in the UK are receiving “below average” customer service from their energy supplier, a consumer group has warned. Citizens Advice said energy suppliers must improve their service, as its survey of 16 companies showed that half of gas and electricity consumers are with suppliers scoring less than three out of five
Microwaves will cost an average of £10.81 per year to run based on typical usage from April, as the price cap changes Brian Dillon What’s On and Travel reporter and Ellen Jenne Senior U35 Spare Time Writer 07:39, 17 Mar 2026 Microwaves will cost an average of £10.81 per year to run based on typical
Officials simply “haven’t moved on” with targeting data since the last energy crisis, Westerman said, adding: “That is a failure of governments plural to learn the lessons from last time.” Energy companies, pushing ministers over the issue, have grown frustrated. “Industry has called for government to provide the data so that we can target support [to] those who need
Latest news, analysis and comment on energy and climate policy in Europe and beyond. Easier U.S. treatment of products containing steel could unlock approval of last year’s trade deal by EU lawmakers. But it’s not yet a done deal. March 18, 2026 12:44 pm CET March 18, 2026 12:35 pm CET March 18, 2026 8:08
Carbon credit purchases have risen sharply since the AI boom Companies are using carbon offsetting to counter data center emissions Net zero and sustainability goals are being threatened by the rapid expansion New research has claimed to show just how much of a role carbon credits are playing in the world of Big Tech, with
Rising gas prices triggered by the war involving Iran could be softened by a rapid expansion of Britain’s domestic green gas industry, according to the UK’s anaerobic digestion sector. Producers say the latest surge in global energy prices has exposed how vulnerable the UK remains to shocks in international fuel markets. Gas prices across Europe
Key Points Energy Transfer’s massive distribution is well funded by its cash profits. Soaring energy prices won’t do much for Energy Transfer right now, but could if domestic production activity increases. Investors can count on Energy Transfer’s 7.1% yield, and there could be long-term price upside, too. The ongoing military conflict with Iran, specifically as
A major milestone has been reached in strengthening Britain’s electricity network as a giant tunnel boring machine begins excavating a new power cable tunnel beneath the River Thames. The 271.5-tonne machine, named Caroline, has been launched for the Grain to Tilbury project by Michael Shanks. The project will construct a 2.2 km tunnel linking Essex