The parliamentarians prompting Rishi Sunak to reconsider his stance on onshore wind power frequently echo the wind industry’s catchphrase: “Wind is affordable.” Sir Alok Sharma claims it’s “affordable, green, and
Russia attempts to stabilize the rouble amidst Western sanctions’ impact
The Bank of Russia is bolstering the beleaguered rouble in response to the mounting challenges posed by Western sanctions against Vladimir Putin’s administration.
UK Households warned ‘era of cheap energy is over’ as bills forecast to rise
British families are alerted that the days of low energy prices have come to an end, with an anticipated increase in bills next year.
UK will have highest inflation of world’s richest nations for two years, says Moody’s
Moody’s cautions that the UK is projected to maintain the peak inflation rate among G7 nations until at least the conclusion of 2024.
Over a million households could face a £720 increase in energy bills due to ‘leaky home’ charges.
Over a million individuals residing in older residences are expected to experience a £720 increase in heating costs this winter, according to a recent report from a think tank.
UK Household energy bills to fall by £150 a year
Household energy costs are set to decrease by approximately £151 annually as the economic impact of Vladimir Putin’s incursion into Ukraine continues to diminish.
E.On, the owner of Npower, has seen its UK profits increase by more than double.
E.On, the energy behemoth, has announced a £6.9bn surge in its UK sales over the past six months, largely attributed to the recent hikes in Ofgem’s price cap.
The UK authority plans to clamp down on power producers reaping ‘unreasonable profits’.
The UK energy watchdog, Ofgem, has criticized power station owners for exploiting the system to generate excessive profits and outlined measures to curb this behaviour.
Former US Treasury Secretary asserts that Brexit was ‘a monumental mistake’.
Larry Summers, the former US Treasury Secretary, has branded Brexit as a ‘historic blunder’ that has sparked inflation.
Inspirit Energy Hlds (AIM:INSP) Operational Update
Inspirit (LON: INSP), the waste heat recovery technology and decarbonisation engineering solutions company, is pleased to provide the following operational update on the Inspirit Charger that has been designed for
Russia’s oil export revenue sank by 42% in February as sanctions bit
Western nations implemented far-reaching sanctions against Russian crude oil and oil products as a measure to reduce Russia’s oil revenues.