Chancellor Rishi Sunak has announced a windfall tax of 25% on oil and gas companies in the UK, alongside further measures to support consumers amid record high power prices.
New multi-million pound funding has been provided by HSBC UK to Octopus Electric Vehicles (EV) to support the growth of its salary sacrifice scheme, which it launched last year.
SSE has outlined how what it described as its balanced portfolio of electricity assets, infrastructure and integrated business mix have helped it post a “strong performance” during market volatility.
Enzen has launched a new cybersecurity methodology and framework for UK energy and utility businesses, as concerns over hacking and cyberattacks grows.
National Grid ESO has suggested that a nodal, location-based wholesale market would be the ideal shift of the market – with the current design to impose excessive costs if left.
The government has unveiled £553 million of funding to help public building decarbonise by rolling out electrified heating solutions, insulation and renewable generation.
