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
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
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.
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 have been accused of disconnection of households by moving them to smart meters for pre-payment to disconnect them “by the backdoor”.
After energy prices rose amid falling temperatures, the UK’s electricity network operator is ready to activate its emergency snow plan.
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.
According to a report, the Chancellor will levy companies that have ‘excess returns in an effort to reduce the cost of living.
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
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.
If Britain is unable to import enough energy, it could face rolling blackouts in the winter.
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