Caroline Flint News
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Former U.K. Foreign Secretary David Miliband, the elder brother of opposition Labour Party leader Ed Miliband, quit British politics, ending speculation about his leadership ambitions in the run-up to the 2015 general election.
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Electricite de France SA, the biggest nuclear power generator, won approval from the U.K. government to build the country’s first new atomic reactors in 25 years at Hinkley Point in southwest England.
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Britain’s opposition Labour and Green parties joined a push for the government to impose a carbon target on the power industry, setting the stage for a battle over the energy bill in Parliament.
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The U.K. government said it’s prepared to legislate to clamp down on wholesale natural-gas trading should price-fixing allegations prove true.
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U.K. Prime Minister David Cameron’s Conservatives mounted an attack on Labour leader Ed Miliband on the eve of the opposition party’s annual conference.
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Britain’s electricity customers will be paying higher bills by 2020 to cover the costs of expanding renewable energy supplies such as solar and wind, government officials said.
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The U.K. government proposed a system of regular cuts for solar energy subsidies as the price of photovoltaic panels declines, a plan it says will deliver a boom in installations by the end of the decade.
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U.K. lawmakers began considering legislation today that will revamp electricity markets, part of a 110 billion-pound ($176 billion) effort to spur construction of nuclear, gas and wind power plants.
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U.K. Energy Secretary Ed Davey promised to give industry more clarity about power market reforms due next month, seeking to allay the concerns of renewable and nuclear power developers that ministers are bogged down in analysis of the problem.
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The U.K. government said today it’s seeking permission from the Supreme Court to appeal against decisions by two lower courts that its planned early cuts to solar subsidies are unlawful.
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