Regulation

Chancellor of the exchequer Jeremy Hunt confirmed that the Energy Profit Levy (EPL) will be extended to 2029 in this year's Spring Budget shortly before the budget for auction round 6 (AR6) of Contracts for Difference (CfD) scheme budget was set at over £1 billion.

RenewableUK, CPRE and Aldersgate Group will examine the planning system and identify where changes are needed to facilitate net zero.

An open letter from FairCharge alongside E.ON and Auto Trader has been sent to chancellor of the exchequer Jeremy Hunt ahead of the Spring Budget to advocate for a public charging VAT reduction.

Reuters has reported that the chancellor of the exchequer Jeremy Hunt is set to extend the Energy Profit Levy by one year in tomorrow's Spring Budget announcement.

The Treasury has unveiled plans to allocate an additional £120m to the Green Industries Growth Accelerator (GIGA).

Octopus’s V2G tariff, the Celtic Sea and the UK's energy ‘crunch point’ feature as Current±'s most read stories of the week.

The Climate Change Committee (CCC) has written to the minister of state for energy security and net zero, Graham Stuart, to warn him against meeting Carbon Budgets with surplus.

Yesterday (27 February), the UK government unveiled £21 million in funding to support seven hydrogen projects with a capacity of 800MW.

The energy sector has responded to regulator Ofgem’s announcement that the ban on acquisition-tariffs will be extended for 12 months.

Ahead of the Spring Budget 2024, the National Infrastructure Committee (NIC) has called for “increased levels of investment” from UK government officials.