Research conducted by Energy Systems Catapult has revealed that small and medium-sized enterprises (SMEs) based in the West Midlands have seen their energy bills increase by between 167 and 500%.
The UK Government yesterday (4 May) launched a new programme offering up to £800,000 to help bring forward demand-side flexibility in the non-domestic energy market.
A new report by Cornwall Insight suggested a number of regulation and policy changes that would build a partnership between the Government and UK businesses to support corporate investment in decarbonisation.
From April, UK businesses and other non-domestic energy users will see a unit discount of up to £19.61/MWh applied to their electricity bill, the Government has announced.
Trade association Make UK and PwC have released their 2023 ‘Executive Survey,’ which shows that 60% of manufacturers are experiencing growing concerns about blackouts in the coming months due to a lack of security in energy supply.
During Q2 2022, domestic electricity prices increased by 45% in comparison with the same quarter in 2021, according to the Department of Business, Energy and Industrial Strategy’s (BEIS) Quarterly Energy Prices.
Following the official announcement of the energy bills freeze over the coming winter by Prime Minister Liz Truss on Thursday 8 September, the government has released the first details of how exactly it will work.
