Ofgem places the cost of supplier failures on to standing charges August 18, 2022 Ofgem has opted against shifting the costs of supplier failures to unit rates, and has instead kept them on standing charges.
China to prop up coal power plants as heatwave drives up demand August 18, 2022 China has offered support for its coal power plants to maintain electricity supplies, as demand for energy surges amid an extreme heatwave.
Germany will struggle to reach gas storage target warns energy chief August 18, 2022 Germany will struggle to reach its November targets for gas storage levels this winter, warned the country's energy regulator.
Energy UK calls on Government to offer loans to businesses facing ultra-high bills August 18, 2022 Energy UK has called for the Government to work with industry and financial institutions, and bring in a deficit tariff scheme.
Exclusive: Industry faces £50bn ‘ticking time bomb’ of record energy bills August 17, 2022 UK industry will suffer painfully high energy costs next year, fuelled by soaring wholesale costs.
Brits could suffer £5,600 energy bills as power and gas prices climb to record highs August 17, 2022 The consumer price cap will spike to £5,600 per year amid sustained supply shortages in Europe.
Second smelter closes down as industry grapples with soaring energy bills August 17, 2022 The second European smelter in two days has announced it will halt production because of soaring energy costs.
One in three Brits will be unable to afford their heating bills next year warns charity August 17, 2022 Millions of Brits face a "winter of despair" where they will be unable to pay their energy bills, warned Citizens Advice.
Germany will run out of gas in less than three months if Russia turns off the taps August 17, 2022 Germany will suffer gas shortages in less than three months if Gazprom cuts off supplies to the continent, warned the country's regulator.
European Commission targets raw material ramp-up to meet green future August 16, 2022 The European Commission is hoping to boost production of homegrown raw materials needed for green energy to reduce its reliance on Russia.