£28bn UK Grid Upgrade to Add £30 to Annual Bills
Ofgem greenlights a £28bn upgrade to Britain's gas and electricity networks. The investment, funded via bills, aims to boost grid capacity but will add around £30 per year to household costs by 2031.
Category : Search result: electricity subsidies
Taxpayers Subsidise Rising Specialist Fees in NHS
British taxpayers are subsidising rising specialist fees as Medicare-style gaps emerge in NHS funding. Discover how healthcare costs are shifting to patients.
UK bills to fund £2bn yearly subsidies for EDF nuclear
British energy bill payers will fund £2bn annually to EDF for Hinkley Point C and Sizewell C nuclear plants. Discover how Contracts for Difference impact your bills.
Gas price surge drives Australian inflation crisis
New inflation data reveals how Russia's Ukraine invasion triggered an energy price shock, delivering windfall gas profits while households face soaring electricity bills. Discover the full impact.
Inflation Climbs to 3.8%, Energy Subsidies Hinted
Australian inflation rises to 3.8%, prompting Treasurer Jim Chalmers to consider extending electricity bill relief. Discover the latest economic pressures and government response.
Drax Burns 250-Year-Old Canadian Trees for Energy
Drax power plant accused of burning ancient Canadian trees while receiving billions in UK green subsidies. Experts reveal the true environmental cost of biomass energy.
Energy price cap to rise by 0.2% this winter
Ofgem confirms a 0.2% energy price cap increase from January 1st. Discover how your electricity and gas bills will be affected and what you can do next.
No quick fix for high energy bills, minister says
Energy bills remain 35% above pre-war levels despite falling wholesale prices. Minister Michael Shanks insists there's 'no shortcut' to reducing costs as green transition continues. Read the latest.
No Shortcut to Lower Energy Bills, Minister Warns
Energy minister confirms significant bill reductions will take time as infrastructure costs rise. Discover why UK households face prolonged high costs despite falling wholesale prices.
No Shortcut to Lower Energy Bills, Minister Warns
Energy minister confirms households face prolonged high bills as renewable transition costs mount. No quick fix available despite falling wholesale gas prices.
New UK wind power record set, enough for 22m homes
Britain sets a new wind power generation record of 22,711 MW, powering 22 million homes. National Energy System Operator predicts a fully zero-carbon grid milestone ahead.
Australia's Coalition abandons net zero climate goals
Australia's opposition Coalition drops net zero commitment, shifting focus to power prices. Experts warn this move threatens climate progress. Listen to Full Story podcast analysis.
The Truth Behind Rising UK Energy Bills
Discover why fossil fuel prices, not renewables, are driving up UK electricity costs. Learn how Britain compares internationally and what really affects your energy bills.
Schumer Under Fire After Democrats End Government Shutdown
Senate Democratic leader Chuck Schumer faces internal revolt after ending the longest US government shutdown without securing Obamacare subsidies. Discover the political fallout.
Labour's green subsidy cuts risk higher energy bills
Government plans to scale back heat pump and insulation subsidies could leave households facing permanently expensive energy bills, undermining long-term cost savings.
Heat pump subsidies cut in Reeves budget energy plan
Chancellor Rachel Reeves plans to restrict heat pump subsidies to benefit claimants only, aiming to lower energy bills amid cost of living concerns driving voters to Reform UK.
Babiš refuses to sell Agrofert amid conflict row
Czech PM-elect Andrej Babiš refuses to sell his Agrofert empire amid conflict of interest concerns. Discover how this impacts his path to power and EU relations.
US Government Shutdown Ends After 42 Days
The longest US government shutdown in history concludes after House narrowly passes funding bill, but excludes Democratic healthcare demands. Federal operations resume through January.
UK Grid Upgrade Costs Threaten Consumer Bills
SSE's £33bn grid investment fuels shareholder gains while households and SMEs face potential 70% network charge increases. Discover the affordability crisis.
US House Votes to End Record Government Shutdown
The US House prepares to vote on legislation ending the longest government shutdown in history, as Democrats protest over healthcare subsidies. Follow live updates.
Australian Coalition's internal net zero conflict exposed
The Coalition's public battle over net zero emissions targets reveals deeper political divisions and lack of substantive climate policies. Discover the facts behind Australia's climate debate.
Shaheen's daughter condemns mother's shutdown vote
Stefany Shaheen faces backlash after criticising bipartisan deal to end US government shutdown that her mother, Senator Jeanne Shaheen, helped approve. Read the full story.
US Ambassador: UK Energy Crisis Threatens National Security
America's top diplomat warns that soaring energy costs have left Britain dangerously exposed to geopolitical pressure, urging immediate action to secure the nation's power supply.
Drax's £1m Daily Wood Pellet Subsidy Continues
The Drax power station in North Yorkshire maintains its lucrative £1m-per-day subsidy stream from burning wood pellets, sparking fresh environmental concerns and calls for policy reform.
London's 3-Hour Artisan Electricity Gift
Londoners receive unexpected gift of three hours of complimentary 'artisanal electricity' from National Grid, sparking creativity and conversations about sustainable energy consumption.
Reeves may cut green levies to reduce energy bills
Exclusive: Labour Chancellor explores reducing environmental levies in strategic move to tackle cost of living crisis while balancing climate commitments.
Australia's Free Solar Power Scheme to Cut Household Bills
Groundbreaking government initiative will provide free solar installations to thousands of Australian homes, offering significant relief from soaring electricity costs while accelerating the nation's renewable energy transition.
UK Farming Crisis: Third of Farmers Made No Profit
Shocking new data reveals nearly a third of UK farmers operated at break-even or loss in the past year, threatening Britain's food security and rural economy.
Free Solar Power: 3+ Hours Daily for Australians
A groundbreaking energy initiative will provide every Australian household with free solar-generated electricity for at least three hours daily, even without rooftop panels. Discover how this renewable revolution works.
Reeves' VAT Cut Will Backfire, Experts Warn
Chancellor's plan to slash VAT on electricity faces criticism as analysts warn it could fuel inflation and fail to target those most in need. Discover why energy experts are sounding the alarm.
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