Regulation

OVO Energy agrees £10.4 million redress over prepayment‑meter failures

June 3, 2026

OVO Energy will pay £10.4 million after UK energy regulator Ofgem found that the company failed to support some customers with

Britain announces ambitious 87% emissions‑reduction target for 2040

June 2, 2026

The Labour government has set an aggressive target to reduce UK greenhouse gas emissions by around 87% by 2040 relative to

EU drafts three‑year waiver on methane‑law penalties

May 29, 2026

The European Commission may delay enforcement of its landmark methane emissions law for imports, according to a leaked report. The proposal

Six EU countries resist planned cuts to free carbon permits

May 27, 2026

Eastern and southern EU countries are challenging reforms to the EU Emissions Trading System (ETS). Bulgaria, Czechia, Greece, Poland, Romania and

New rules for Scope 2 emissions accounting divides Big Tech

May 26, 2026

The GHG Protocol, used by 97% of S&P 500 companies, is considering shifting from annual, certificate‑based renewable matching to hourly, location‑based reporting.

Rachel Reeves strengthens windfall tax and targets energy profits

May 21, 2026

UK Chancellor Rachel Reeves has extended and increased the Energy Profits Levy on North Sea oil and gas producers, introducing a

OEUK calls emergency summit as Iran war reignites UK energy security debate

May 21, 2026

Offshore Energies UK has urged ministers to prioritise domestic energy production, including North Sea oil and gas alongside renewables, warning that

Global carbon pricing revenues reach record $107 billion as new markets proliferate

May 20, 2026

Carbon pricing schemes generated a record $107 billion in revenue in 2025, up 2% from 2024, with new ETS and carbon taxes

How electromagnetic fields from subsea cables could affect harbour porpoises

May 18, 2026

The EMPACT project, led by Vattenfall with Danish and Swedish universities, aims to determine whether harbour porpoises detect electromagnetic fields (EMF)

The AccelerateEU plan: security first, clean energy second

May 18, 2026

The European Commission’s “AccelerateEU” programme is designed to shield citizens and industries from volatile fossil fuel prices while ramping up clean‑energy