Germany might not be able to replace all its Russian natural gas imports this winter and may have to resort to nuclear power to fill the gap.
UK Energy Bills Look Set To Soar towards £3,600 As Price Cap Sets to Rise
The UK’s household energy bills will rise by around 80% in October as the regulator lifts the limit on the amount suppliers can charge due to rising wholesale costs.
Ofgem director Christine Farnish quits regulator over energy price cap
Ofgem’s director has accused Ofgem of causing harm to households by allowing a large increase in the price limit. She then quit her job.
EDF customers in the UK pay almost two-and-a-half times more than their counterparts in France
After Emmanuel Macron imposed price caps, EDF customers in Britain pay almost two-and-a-half times more than their counterparts in France.
As power prices reach record levels, the European Energy Crisis deepens
On Thursday, European power prices reached new heights as a heatwave impacted energy supplies and wildfires raged across France.
EDF sues French government for €8.4bn
According to the nuclear giant, the price cap could be a huge cost for it over the next year.
Energy bills forecast to top £4,200 in fresh blow to UK households
The energy consultancy Cornwall Insight warned that UK consumers will face unprecedented energy-cost increases starting in October. A typical household bill is expected to reach 34,000 by the beginning of
France waives green rules for nuclear power plants as energy crisis deepens
France temporarily lifted environmental regulations to allow its five nuclear power stations to continue operating despite a worsening energy crisis.
The UK economy grew by more than expected in May
Despite a rising inflation rate and an ever-increasing cost of living crisis, it is still thriving.
A New Kind of Bank Run Reveals A $60 Billion Crypto Collapse
Terra’s coins were meant to be the future money. They relied on their confidence, which can disappear in an instant.
Market rout causes trading to halt in collapsing cryptocurrency networks
After a massive sell-off, Terra’s so-called “stablecoin” Terra’s value plummets
Why cryptocurrencies crashed – what happens next
Terra Luna caused the meltdown, but all cryptocurrency has been erased now that $300 billion has been spent