Resolve Energy News

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Resolve Energy was founded in 2011 by a board of directors with more than 30 years’ experience behind them in the sector. The vision is to provide our clients with the very best service, empowering them with the knowledge and support to get the best possible deals tailored for their individual business energy needs.

Business energy price cap: Update on the Energy Bill Relief Scheme

Business energy price cap: Update on the Energy Bill Relief Scheme

On Saturday 1st of October, the government support for energy bills began for households and businesses. This is good news; however, they did confirm some changes for businesses on default or variable tariffs. It has now been established that the maximum discount for these tariffs will be 34.5 p/kWh for electricity and 9.1p/kWh for gas. This is lower than the originally proposed 40.5p/kWh...

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Energy Market Financing Scheme

Energy Market Financing Scheme

This month the HM Treasury has come together with the Bank of England to come up with a scheme to address the liquidity requirements faced by energy companies operating in the UK energy markets. Recently the gas and electricity markets have been extremely volatile, which has caused issues for energy firms and consequently higher prices for consumers. For energy companies to protect themselves...

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Fracking ban lifted in England

Fracking ban lifted in England

This month Prime Minister Liz Truss has backed Fracking as a way of boosting the UK’s domestic gas supplies. A ban was placed on fracking back in 2019 as it caused a lot of environmental and safety concerns. What is fracking? Fracking is a technique used to recover gas and oil from shale rock. It involves drilling into the earth and putting a high-pressure mix of water, chemicals, and sand...

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Energy companies to keep coal plants online throughout Winter

Energy companies to keep coal plants online throughout Winter

The UK has reached agreements with German-owned energy company Uniper to keep their coal-powered energy plant online throughout winter. This is in hopes that it will help to mitigate the impact of the energy crisis across the UK and Europe. The UK government reached out to Uniper as well as other energy suppliers including Drax and EDF to ask them to delay the decommissioning of their coal-powered...

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Labour has promised a nationalised energy company

Labour has promised a nationalised energy company

At a Labour conference this month, Keir Starmer announced his plans for a nationalised energy company, should labour win the next general election. It was announced that the party would set up the company called “Great British Energy”. The party have said this would be done as it takes advantage of clean British power and would allow for growth and decarbonisation across the...

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The government put out a net zero review

The government put out a net zero review

The government have put out a new review of their net zero plans to come up with the pathway that has the most economic benefits. BEIS has said that they will examine which approaches are going to be the best for business and economic growth. The 2050 deadline for net zero will stand in place as this is legally binding. However, they have said that intentions will continue to make sure investments...

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