It would be ‘silly’ to provide households with more support before price cap update, says Rishi Sunak April 28, 2022 Chancellor Rishi Sunak plays down the prospect of immediate support for households despite mounting pressure on consumers.
Customers could save nearly £150 by turning off ‘vampire electronics’ reveals British Gas April 27, 2022 Households could save £147 on their electricity bills every year by switching off electronics left on standby, according to British Gas.
Shares in Atome Energy soar amid fertiliser crisis April 27, 2022 Shares in Atome Energy have soared 24.4 per cent powered by the ongoing fertiliser crisis - which has been exacerbated by raised gas prices.
Uniper expects to pay for Russian gas in roubles despite halting flows into Poland and Bulgaria April 27, 2022 Uniper has confirmed it still expects to be able to pay for long-term gas contracts from Russia through the roubles payments process signed into law by Russian President Vladimir Putin last month.
Austria to pay for Russian gas in roubles April 27, 2022 Austria has ceded to Russian demands to pay for its gas supplies in roubles, amid escalating tensions between the West and the Kremlin.
Gazprom halts gas supplies to Bulgaria and Poland as Russia demands rouble payments April 27, 2022 Kremlin-backed energy giant Gazprom has halted gas supplies to Bulgaria and Poland for failing to pay for gas in roubles.
Power firm Drax has 99 per cent of energy generated from renewables April 27, 2022 Power creating firm Drax had 99 per cent of generation from renewables last year, as the firm looks to help shore up UK energy security. The company announced a series of new plants, including a 360Kt site in Alabama and 40Kt satellite plant in Arkansas, while its biomass, hydro and pumped storage elements in the [...]
German energy firms risk being nationalised as cabinet backs emergency measures April 26, 2022 Germany's government could soon have the power to seize ownership of energy companies to secure supplies in the event of an emergency.
China drives global coal capacity amid pandemic recovery April 26, 2022 The global capacity of power plants fired by coal rose nearly one per cent last year, driven by Chinese growth over the past 12 months.
New local bodies could oversee UK energy system as Ofgem continues sector shake-up April 26, 2022 Ofgem has announced a review into the energy system - assessing how it is planned and operated locally - which could result in local power grids.