The record-breaking closing high of the FTSE 100 has been broken by more big names in London’s index. They will be reporting results for the week ahead that could push
Record-breaking wind power: Wind turbines provide over 25% of UK electricity in 2022
For the first time in history, wind supplied more than a quarter of Britain’s electricity last year. This highlights the rapid growth of this energy source.
UK more vulnerable to blackouts this winter, warns Labour
It has been claimed that delays to a government plan to deal with national emergencies have made the UK more susceptible to blackouts in winter.
Energy companies accused of using smart meters for ‘disconnecting customers through the back door’
Energy companies have been accused of disconnection of households by moving them to smart meters for pre-payment to disconnect them “by the backdoor”.
National Grid will activate an emergency winter plan tomorrow following French nuclear outages
After energy prices rose amid falling temperatures, the UK’s electricity network operator is ready to activate its emergency snow plan.
Ofgem says that energy bills without government help would reach nearly £4,279
Ofgem, the British energy regulator, stated that its price cap for household energy bills would increase by 21% to £4,279 ($5,172) per year from January 2023 to March 2023.
Jeremy Hunt is reportedly preparing to hit electricity generation companies with a 40% windfall tax
According to a report, the Chancellor will levy companies that have ‘excess returns in an effort to reduce the cost of living.
UK considering big increase in energy windfall tax
Sources said that Jeremy Hunt, the British finance minister, is looking at a significant increase in a windfall income tax on oil and natural gas companies and extending it to
Green power firms face windfall tax to fund lower energy bills
Jacob Rees Mogg, business secretary, has proposed a cap on the revenues of low-carbon electricity generators. This effectively amounts to a temporary tax on the sector’s profits.
Risk of three-hour daily blackouts this winter, in some areas of the UK says National Grid
If Britain is unable to import enough energy, it could face rolling blackouts in the winter.
How wind farms turned into huge money-spinners because of the energy price crisis
The 60 turbines of the Crystal Rig II wind farm, located in the Lammermuir Hills, have been powering homes for over a decade. In 2010, electricity prices were at £40