During the autumn Mini-Budget, Chancellor of the Exchequer, Kwasi Kwarteng, announced the Energy Bill Relief Scheme. The scheme aims to support businesses with the increasing cost of energy use and protect them against the rising price of wholesale energy. Under the scheme, organisations will receive a discount on the unit price of their gas and […]
Headlines All gas and power contracts increased this week, with many longer-term contracts hitting all-time highs. Gas contracts along the curve were pushed higher following news that Nord Stream 1 will shut down for three days of maintenance at the end of August. This fuelled concerns of tight supply margins, with Norwegian gas fields and […]
Our Head of Operations, Timothy Holman, explains the outcome of the UK Government’s ESOS Phase 3 consultation and what the changes mean for organisations that fall into scope. Following a Government consultation last year, The Department for Business, Energy and Industrial Strategy (BEIS) has published the long-awaited outcome detailing how they are planning to strengthen the […]
