The Treasury

March 14, 2023

How can the Spring Budget unlock investment in building new energy network infrastructure? 

Kwasi Kwarteng is to continue as energy secretary. Image: Parliament.uk
September 23, 2022

‘Help is coming’: Chancellor Kwarteng announces £60 billion price tag of energy support

​Energy bills support will cost £60 billion for the six months from October, Chancellor Kwasi Kwarteng has announced.
The pilot project is set to launch at the end of April and is still open to new participants. Image: Elexon.
September 16, 2022

Elexon consults on urgent modification needed to pay suppliers as part of Energy Price Guarantee

​Elexon has launched a consultation on an urgent modification needed to implement and administer payment to suppliers as part of the Government’s Energy Price Guarantee.
Chancellor Rishi Sunak. Image: gov.uk.
May 26, 2022

Windfall tax of 25% on O&G profits introduced as further support measures announced by government

​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.

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