According to forecasts, nearly half of the world’s electricity will come from renewable energy by 2030, but this achievement will still fall short of global targets.
UK Energy Bills Increase Despite Election Promises
Today, the collective energy bills of households across Great Britain have seen a £149 annual surge, all due to the latest energy price cap coming into effect.
UK government crack down on rogue energy brokers
The UK government has introduced new measures to protect businesses from unscrupulous energy brokers.
Ovo is set to pay £2.4 million for not properly handling customer complaints.
Energy supplier Ovo has agreed to pay a £2.4 million penalty for mishandling customer complaints, according to regulator Ofgem.
UK Energy Executives to Meet Minister to Discuss Support for Vulnerable Households
Leaders from British Gas owner Centrica, EDF, Octopus Energy, and other energy firms will meet with government minister Miatta Fahnbulleh today to discuss strategies for supporting vulnerable households this winter.
Energy bills are set to increase by an average of £149 per year starting in October.
Energy prices in the UK are anticipated to rise by 9% starting in October as the country heads into the colder winter months. Ofgem is expected to announce the new
Gas & electricity prices to rise ahead of winter, with the average annual cost increasing to £1,714 starting in October.
Energy bills are expected to increase by nearly £150 later this year, adding further strain on millions of pensioners who are set to lose their winter fuel payments.
Ofgem has approved a £3.4 billion electricity “superhighway” linking Scotland and England.
£3.4bn Electricity ‘Superhighway’ Between Scotland and England Approved
UK wage growth is expected to boost the state pension by £517.
Analysts have said that wage growth is expected to determine the increase in the state pension, potentially giving pensioners a £517 boost next year.
UK energy bills are expected to decrease over the next few months.
Energy bills are expected to decrease for the next few months as the new Ofgem energy price cap takes effect today for England, Scotland, and Wales.
UK Energy bills to drop to their lowest in two years.
Gas and electricity bills are anticipated to drop to their lowest levels in over two years following the easing of the energy crisis sparked by Vladimir Putin’s invasion of Ukraine.
Gas prices return to levels seen before the energy crisis.
Wholesale gas prices have returned to levels not seen since before the onset of supply constraints by Vladimir Putin, indicating a shift in Europe’s energy crisis situation.