During his speech at Chatham House Energy Transitions conference in London today (1 March), the Energy Security Secretary, Grant Shapps, is expected to demand that suppliers pass on lower wholesale price benefits to consumers - “no ifs, buts or maybes.”

Britain has broken its record for ‘greening the grid’, with 25 hours coming from 100% clean electricity in December, according to new analysis from Imperial College London for Drax Electric Insights.

In response to yesterday’s announcement, the energy sector has united in a call for stronger support for UK households struggling to pay their energy bills.

The UK and US have committed to scaling the renewable sector in a bid to increase energy independence and reduce the cost of energy.

Longer term market signal are the key focus of this week’s edition of Current± Price Watch – powered by Enact – taking a look at the T-4 Capacity Market results, the new default tariff price cap and incoming weather fronts.

The UK government has today (27 February) announced a new online portal that will allow Northern Ireland households without a direct relationship to a domestic electricity supplier to apply for a £600 lump sum towards their energy bills as part of the government’s Energy Bills Support Scheme Alternative Funding (EBSS AF).

Electric vehicle (EV) charger reliability could worsen if challenges around maintenance aren’t tackled, slowing the adoption of electric cars as concerns about availably of chargers worsen.

Ofgem has today confirmed (27 February) that the energy price cap will be set at £3,280 for typical dual fuel households. Despite a £1000 reduction from the current cap however, households will see no benefit as bills continue to rise.

The UK Government has released financial aid to 900,000 more households across England, Scotland and Wales as part of the Energy Bills Support Scheme Alternative Funding (EBSS AF) route.