Under plans drawn up by National Grid, households will be paid to reduce their electricity usage for the first time Monday between 5 pm-6 pm.
National Grid puts coal plants on standby due to cold snap
National Grid asked coal-fired power stations to ensure that they are ready to supply power Monday. Temperatures are expected to hover at zero and winds forecasts are low.
Households will pay £500 less than feared on their energy bills in the second half of this year
After the war in Ukraine, gas prices fell to their lowest level since before then.
As gas prices rise, coal prices hit an all-time high.
As the war in Ukraine surges in Europe and China, global coal consumption will reach an all-time high.
The perfect storm in the UK causes energy prices to soar
On Monday, energy prices rose as the UK switched to gas due to the lack of wind and the cold snap.
National Grid orders coal plants to fire up to avoid blackouts
National Grid has noticed two of its reserve coal-fired power stations start up in Britain’s efforts to avoid blackouts.
U.S. natgas futures falls 3% on mild weather and low heating demand through mid November
U.S. natural-gas futures dropped about 3% Friday due to record output and forecasts of mild weather and low heating demands through mid-November. This should allow utilities the ability to inject
Paris turns off the lights, as blackouts could spell doom for Macron
Paris has decided to turn off the flashing lightshow of the Eiffel Tower an hour earlier than usual as it tries to reduce its energy consumption.
France prepares for Russian gas to be cutoff
According to Bruno Le Maire, French Finance Minister, the French government is planning for a complete cutoff of Russian gas supplies. This scenario is considered most likely in its forward
Oil prices will surge by 40% on a yearly basis in 2021
Rising commodity prices to benefit oil and gas sector: Experts