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Energy

  • Household energy bills could rise £600 this winter

    April 3, 2022

    Household energy bills could rise over £600 this winter, warns energy specialists Cornwall Insight as the cost of living crisis worsens.

  • Downing Street weighs up nationalisation of Gazprom’s UK retail arm

    April 3, 2022

    The government is preparing to nationalise Gazprom's UK supply arm amid a stand-off between the firm and a Wall Street giant,

  • Energy rationing is ‘not the route we want to go down’ says Transport Secretary Grant Shapps

    April 3, 2022

    Grant Shapps has ruled out energy rationing in the UK, despite increased pressure on global supplies following Russia's invasion of Ukraine.

  • RTE urges French households to cut consumption tomorrow as cold snap bites

    April 3, 2022

    French power grid operator RTE has requested companies, local authorities and households to reduce their energy consumption.

  • UK could build up to seven nuclear power plants reveals Kwarteng

    April 3, 2022

    The UK could build up to seven new nuclear power stations as part of plans to ramp-up domestic energy production.

  • Bloody Friday as cost of living onslaught starts for millions: Steepest rise in household bills in living memory begins today

    April 1, 2022

    Today has been dubbed National Price Hike Day, when government bodies and private firms traditionally announce the increases in the cost of goods and services. This year, energy costs are set to skyrocket, with the cheapest energy tariff for a medium user surging to £1,971 – a staggering 118 per cent increase year on year. The [...]

  • Green energy pioneer and former New Age traveller Dale Vince steps down from Ecotricity

    April 1, 2022

    Green energy pioneer and former New Age traveller Dale Vince has said he is stepping down as chief executive of wind power company Ecotricity to pursue a career in politics. Vince, who founded Ecotricity in 1995 while living in an old army truck in Gloucestershire, said he plans to sell Ecotricity to new owners, with [...]

  • Starmer brands Tory response to rising cost of living ‘pathetic’ as windfall tax on energy firms rekindled

    April 1, 2022

    Boris Johnson’s government’s response to energy price rises has been “pathetic”, as he rekindled Labour’s bid for a one-off windfall tax on oil and gas firms in a bid to reduce bills. This comes after millions of households were plunged into fuel poverty today caused by the uplift to the cap on energy bills sending [...]

  • Businesses hit with 250 per cent increase in gas bills

    April 1, 2022

    Businesses are facing a five-fold increase in gas bills, warns Cornwall Insight, amid wholesale market volatility and supply shortage fears.

  • Putin signs order confirming rouble requirement for gas payments

    March 31, 2022

    European nations will have to pay for gas supplies from Russia in roubles, confirmed the country's President Vladimir Putin today.

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