An official report lays out different scenarios for the cost of transitioning away from fossil fuels to net zero by 2050

Britain’s official energy system operator has attempted to work out what achieving net zero carbon emissions will cost, with its figures showing surging spending in the coming years.

The scale and speed of the shift to a low-carbon economy, and how to fund it, are hotly debated by political parties.

Ofgem proposes cutting debt by giving new residents with no supply deal limited credit before they are cut off

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Consumers in Great Britain moving to a new home will have about two weeks to set up an energy account before their lights go out, under plans to cut growing gas and electricity debt.

Energy meters could soon be remotely switched to prepayment mode when the previous resident moves out, under proposals put forward by the industry regulator, leaving the next resident £30 of credit to settle into their home.