The 2022 Queen’s Speech, delivered by Prince Charles for the first time, revealed a new Energy Bill aimed at boosting energy security and renewable energy. In the speech, Prince Charles said: “My Ministers will bring forward an Energy Bill to deliver the transition to cheaper, cleaner, and more secure energy. This will build on the success […]
Enexus partners with Eden Reforestation Projects to mitigate climate change Enexus Energy has partnered with Eden Reforestation Projects to help fight climate change and alleviate poverty worldwide. What is Eden Reforestation Projects’ mission? The nonprofit organisation works with local communities to restore forests on a massive scale, thereby creating jobs, protecting ecosystems and helping to […]
More commercial energy providers exit the market as costs continue to rise. Scottish Power has announced that it is exiting the UK industrial and commercial energy markets. Owned by Spanish energy firm Iberdrola, they announced last month that they will stop selling energy to British industrial and commercial (I&C) customers. Why has Scottish Power stopped […]
The majority of SMEs in the UK don’t understand how common environmental terms such as ‘net zero’, ‘carbon neutral’ and ‘carbon footprint’ apply to their businesses, according to new research commissioned by the British Business Bank. The Opinium survey of 1,000 senior decision-makers in smaller businesses found more than half (54%) believe the language, terminology […]
Earlier this month, the Government published its long-awaited Energy Security Strategy in response to the ongoing energy crisis. The plan sets out how Great Britain will accelerate the deployment of wind, new nuclear, solar and hydrogen, whilst supporting the production of domestic oil and gas in the nearer term – which could see 95% of electricity by 2030 […]
The UK is currently experiencing soaring energy costs, with prices rising further from this month when industry regulator Ofgem increases the price cap on energy bills by 54%, and another significant rise is expected in October. Commercial energy providers will inevitably pass increasing energy costs onto their business customers, so what can SME firms do if […]
As the war on Ukraine intensifies several countries, including the United Kingdom, have imposed sanctions on Russian energy exports. On the 8th of March, the UK government announced that it will phase out Russian oil imports by the end of 2022, while the US is banning the import of all oil and gas and the EU plans […]
The new energy price cap on the 1st of April, combined with soaring energy prices and the collapse of several firms, means that many businesses will see increases to their energy bills this year. Why are business energy prices increasing? Several factors have contributed to soaring energy prices for households and commercial businesses alike, including high global […]
What should you do if your business energy provider collapses? In the past few month, several energy providers have collapsed as rising wholesale gas prices threaten the sector. A number of factors have contributed to soaring energy prices, including high global demand, as well as maintenance issues and lower solar and wind energy output. Dermot […]
The UK’s Climate Change Agreement (CCA) scheme has been reopened to new entrants for a limited time only. The scheme could save qualifying businesses up to 92% on their Climate Change Levy (CCL). New CCA application window – act now to reduce rising energy costs Businesses must act now in order to benefit from the potential […]