The watchdog revealed households will see bills surge by £104 by 2031 to cover the cost of the extra network investment.

Sky's Paul Kelso says the energy regulator is trying to strike a crucial balance through its provisional plan, one that must ...

In early corporate news, Drax taps a former Shell vice president as its new chief financial officer, and energy firms SSE and National Grid respond to a planned investment programme by UK energy ...

He continued: “Conference, a worker’s pay should reflect their skills, their experience, and the value they bring. Too often, ...

LONDON (Reuters) -British energy regulator Ofgem has given provisional approval for a 24 billion pound ($32.98 billion) investment programme for the country's electricity and gas networks, it said on ...

The SNP Government wants increased subsidies for windfarm developments although there are more than the country's power networks can handle.

Ofgem announced the provisional approval of £24bn in funding to upgrade Britain’s energy infrastructure on Tuesday, in a ...

The pound was quoted higher at USD1.3754 early on Tuesday in London, compared to USD1.3701 at the equities close on Monday. The euro also stood higher, at USD1.1782 against USD1.1747. Against the yen, ...

These figures, plus 2025’s overall UK bill of about £518,000,000 in curtailment payments to date, were confirmed by the nationalised National Energy System Operator (NESO), which manages the ...

Payments related to switching off wind farms in 2025 so far are equivalent to £3.3m a day – or £136,000 per hour. A row is growing in the energy industry over how to tackle the issue, with the ...

The SNP Government has hailed the prospect of a boom in offshore wind investment which UK energy bill payers will be expected to fund ...