Tories to vote against windfall tax changes
Conservative ministers are expected to vote against changes to the energy profits levy (EPL) today, a tax first introduced by the Tory party, a spokesman has said.
Conservative ministers are expected to vote against changes to the energy profits levy (EPL) today, a tax first introduced by the Tory party, a spokesman has said.
The Conservatives have claimed Labour’s energy policy will be a “triple whammy” for the UK, as they renewed their tax attack on their rivals.
Looking to the Scottish Conservative conference and the looming spring budget David Whitehouse hopes government can unlock investment.
The UK Chancellor is facing calls to remove the controversial tax on oil and gas giants ahead of his spring budget next week.
Upstream oil and gas is the main segment of the UK offshore energy industry likely to be impacted by uncertainty of a general election, top dealmakers have said.
An "unprecedented" declaration has been signed by five former UK and Scottish Government ministers urging support for the oil and gas industry.
The Conservatives have pledged £9.2 billion to improve the energy efficiency of homes, schools and hospitals, as they make a pitch to voters concerned about the environment.
With the 2017 General Election looking likely to lead to no overall majority for any party, Energy Voice takes a look at the energy manifesto commitments of the two main parties - which both have a chance of power in the event of a hung parliament.
The Conservatives have accused the Scottish Government of having no strategy to “keep the lights on” after the closure of Scotland’s biggest electricity-generating stations. The party’s energy spokesman Murdo Fraser attacked the SNP administration for putting “all its eggs” in the basket of “intermittent” wind power. Mr Fraser used a Tory debate at Holyrood to call on the Government to consider a new gas-powered generator at the site of the troubled Longannet power station in Fife. Last year it emerged that the station may be forced to close due to what the operator Scottish Power described as “disproportionately high” transmission charges to connect to the main grid network. Scottish generators, including Longannet, account for around 12% of the capacity connected to Britain’s high-voltage electricity network but pay around 35% of the charges, according to the Scottish Government.