Ofgem Announces New Energy Tariffs for Winter

Ofgem has announced new 'no standing charge' energy tariffs to be available by winter, benefiting low energy users, those with prepayment meters, and second home owners who use little energy. This change is aimed at giving consumers more control over their bills, though the standing charges will still be included in tariff rates, and consumers will need to opt-in for these tariffs. In the oil and gas sector, companies face challenges in developing low-carbon solutions due to regulatory and cost uncertainties, but there is significant potential for growth in this area. The U.S. energy policy is shifting to support decarbonization and energy independence, potentially influencing global competitiveness. Arkansas has successfully attracted diverse industry investments and is focusing on enhancing its energy infrastructure, with the proposed Strategic Utility Energy Infrastructure Act of 2025 set to bolster its competitive edge.