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1/3 Brits are eager

£20.9bn to uphold grid capacity

£20.9bn to uphold grid capacity Ofgem has today planned for a gigantic £20.9 billion package as part of an leading five-year vision for building viable and economical regional grids. The investment will be split between 6 companies – Electricity North West, UK Power Networks, Western Power Distribution, Northern Powergrid, SP Energy Networks and Scottish and…
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1/3 Brits are eager

Payments made to households using energy off-peak

Payments made to households using energy off-peak Homes across the UK may be soon paid to use less energy at peak times. The scheme begun by National Grid aims to boost the grid’s resilience, stop the danger of blackouts and slash household carbon dioxide emissions. The initiative is made to set up families with smart…
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1/3 Brits are eager

Energy rationing needed in the UK

Energy rationing needed in the UK EDF, TotalEnergies and ENGIE managements have teamed up to start a proposition to French customers to limit the amount of energy they consume. Announced in a group, Jean-Bernard Lévy, Chairman and Chief Executive Officer of EDF, Patrick Pouyanné, Chairman and CEO of TotalEnergies and Catherine MacGregor, CEO of ENGIE,…
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1/3 Brits are eager

Protection measures for customers credit balances.

Protection measures for customers credit balance. The boss of Octopus Energy has slammed proposals to ringfence energy customers’ credit balances. On Monday, the regulator set out measures to protect customers balances and improve the resilience of energy retailers. Since the start of the energy disaster in September last year, 29 energy suppliers have gone bankrupt…
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1/3 Brits are eager

Is it possible for energy companies to safeguard customers?

Is it possible for energy companies to safeguard customers? How could energy companies protect their customers’ credit balances among the major energy crisis? It has been said that Chris O’Shea, Chief Executive of Centrica, during the company’s annual general meeting last week, slammed “newer, larger UK energy firms” for not supporting his proposals on the…
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1/3 Brits are eager

Government may cut links between electricity and gas prices

Government may cut links between electricity and gas prices The UK government is reportedly analysing whether it could cut the link between electricity and gas prices in a bid to help households tackle high rising energy bills. Currently, the UK’s energy system implements the wholesale cost of gas to determine the costs of electricity. Lots…
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1/3 Brits are eager

Octopus attempts to take over Bulb

Octopus attempts to take over Bulb Octopus Energy has reportedly introduced a last-minute bid to take over Bulb, which listed special administration in November. The company, which was the largest of more than two dozen energy suppliers that went bankrupt in the past year, was put into this regime after the government stepped in appointing…
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1/3 Brits are eager

Renters may not benefit from the £400 energy grant

Renters may not benefit from the £400 energy grant More than half a million people could miss out on the government’s help for rising energy bills. Citizen’s Advice has advised that private renters have a possibility that they may not benefit from this discount as their landlords might pocket the money. The charity indicates households…
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1/3 Brits are eager

High fuel prices will remain for a while to come.

High fuel prices will remain for a while to come. The Prime Minister has stated today, prices of fuels may stay at a high level for a while Boris Johnson has stated in a speech on the cost of living, housing and the war in Ukraine “Price of oil and gas looks likely to remain…
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Largest CO2 supplier in UK may close Cheshire plant

Largest CO2 supplier in UK may close Cheshire plant Is the UK on the way toward a carbon dioxide shortage shock? CF Fertilisers, a subsidiary of CF Industries has said it will shut its Ince manufacturing facility near Chester. The site is one of the only two large fertiliser plants in the country. The company…
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