The European Commission is set to announce its decision on Eon's acquisition of the majority of shares of Innogy this week. As part of the deal, Eon would take over Npower in the UK, taking the big six to a big five.
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A landmark European court bid to re-open the UK’s capacity market is unlikely to be determined until October because the judges will be on holiday, a senior government official has revealed.
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The government’s mooted post-Brexit environment watchdog should be equipped with "sharper teeth" to enforce breaches of environmental law, MPs have recommended.
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The European Commission has launched an in-depth investigation into the capacity market to determine whether it is compliant with EU state aid rules.
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Ofgem has rejected a proposal to introduce an interim charge on suppliers to cover the costs of the capacity market during its ongoing suspension.
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The UK’s climate change watchdog may have to bite its lip under the government’s new post-Brexit environmental protection regime, its chief executive has warned.
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The European Commission has lodged an appeal against the court ruling that resulted in the recent suspension of the capacity market, the boss of Tempus Energy has confirmed.
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The boss of Energy UK has backed the government’s “common sense” response to the suspension of the capacity market, saying he is “confident that it offers a way out of this impasse”.
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The government should work on a back-up plan for the capacity market in the event the European Commission does not reapprove the scheme, Rachel Reeves has warned.
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The boss of Tempus Energy has slammed the government for refusing to reform the capacity market, whilst urging ministers to “start being honest” with investors and parliament.
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The government has announced its intention to resume collecting capacity market payments from suppliers during the current standstill period.
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Former shadow energy minister Tom Greatrex said the absence of a transition period could cause serious problems for the nuclear industry.
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