This week the UK energy market experienced significant turbulence following the announcement of an extended planned outage for a major gas processing plant at Norway’s Nyhamna. The outage has been extended by almost a month moving from 21st June to mid-July due to problems with the plant’s cooling system. This unexpected extension triggered a highly […]
60 million trees would need to be planted to offset the carbon emissions caused by the 2022 World Cup tournament, according to the energy experts at Hometree. Seven out of the eight stadiums being used for the Qatar World Cup have been purpose-built, with the eighth being completely refurbished. Building and construction are responsible for 40% of […]
If you want to set up a new electricity supply for your company property, we can help make the process easy. What do you need to do? If you need to set up a new electricity connection for your business, Enexus Energy can help you with the entire process. Simply contact us to get the ball rolling. […]
The government has increased the windfall tax on oil and gas producers to 35%. During the Autumn Statement on the 17th of November, chancellor Jeremy Hunt announced that the Energy Profits Levy will be increased from 25% to 35% and extended to the end of March 2028. He also confirmed that a new, temporary 45% Electricity […]
During the recent Autumn Statement, new chancellor Jeremy Hunt outlined what support would be available to households and businesses struggling with rising energy bills after April 2023. Hunt announced that targeted support will remain in place for the most vulnerable, but that bills are expected to rise further next year. Speaking during the Budget, Hunt […]
With winter fast approaching and daylight hours beginning to shrink, now is the perfect time to look at ways to optimise the energy efficiency of your businesses. While some industries are more energy-intensive than others, government data shows that average small and medium-sized enterprises (SME) could reduce energy bills by 18-25% by installing energy efficiency measures and implementing behavioural […]
The government’s recently announced Energy Price Guarantee will only continue in its current form until April 2023. What is the Energy Price Guarantee? The support scheme was announced by the government in September to reduce the impact of the energy price cap rise and was due to be in place for two years. It was […]
The government has announced that it will introduce a windfall tax on low-carbon energy companies in a policy U-turn. Last month the European Union announced a €140bn levy on firms and Liz Truss had faced growing pressure to follow suit, after repeatedly resisting calls to cap profits being generated by power companies. TUC general secretary Frances […]
Energy regulator Ofgem has published the results of a new review into how energy suppliers help customers in payment difficulties and has found issues ranging from minor through to severe weaknesses or failings. The deep dive found that, although good practice exists across the industry, with one supplier having no issues, most need to make […]
Clear support has been announced and is welcomed by businesses to offset energy prices that have dramatically increased in recent months. What help will there be? The government will cap the wholesale rate of energy at £211/mWh for electricity and £75/mWh for gas for all businesses that have signed a contract on or after 1/4/22. This is […]