Ofgem’s decision to lower its energy price cap will result in a reduction of approximately £425 in annual household energy bills, making gas and electricity more affordable throughout Britain.
UK wind power recovery triggers a drop in gas prices.
European natural gas prices continue to drop, hitting almost a 22-month low, as predictions of a surge in wind power production contribute to an already tepid demand projection.
Powerhouse Energy has acquired complete ownership of the Chester project.
Powerhouse Energy Group PLC (AIM: PHE) has acquired complete ownership and control of the plastics-to-hydrogen project at the Protos site near Chester.
Could the UK be facing a ransom situation in the power market?
An investigation by Bloomberg News alleges that certain traders at firms such as Vitol, Uniper, and SSE have used a rather blunt approach to tackle the UK energy crisis: pay
Last year, energy companies in the UK installed 94,000 prepayment meters through mandatory measures
According to the government, Scottish Power, British Gas, and Ovo were accountable for 70% of the compulsory installations.
It is anticipated that the UK government will provide windfall tax relief to energy companies
Next week, the UK government is expected to offer windfall tax relief to its oil and gas companies. This move aims to boost investments and enhance the country’s energy security,
Powerhouse Energy has reached an agreement regarding the terms for the Longford plastic waste development site.
Powerhouse Energy Group PLC (AIM: PHE) has announced that it has entered into Heads of Terms (HoT) with Hydrogen Utopia International PLC (LSE: HUI, OTCQB: HUIPF) regarding the creation of
Wind farm operators will no longer be permitted to retain excessive profits
As part of an effort to curb energy costs, wind farm operators will no longer be allowed to retain excessive profits through a revision of subsidy regulations.
Hydrogen Utopia International (AQSE:HUI) Option to lease completed in Longford, Ireland
Hydrogen Utopia International PLC, a company specialising in turning non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials or distributed renewable heat.
The UK’s Supreme Court is set to consider a landmark case regarding sewage in the country’s waterways.
On Monday, one of the UK’s largest privatised water companies will argue in the Supreme Court that it should not be held responsible by private landowners and individuals for sewage
Energy providers prepare for Jeremy Hunt to extend bill support
Jeremy Hunt is expected to extend the government’s energy price guarantee at its current level for three more months, preventing household bills from increasing by an average of £500 from