UK’s electricity market braces for the biggest shake-up of the last 30 years

The government is considering cutting the link between electricity and gas prices

Britain’s electricity market needs to be substantially reformed, says National Grid ESO

The electricity system operator has supported the idea of a nodal location-based market

European electricity consumption back to pre-pandemic levels

Consumption across Europe soared by 5%, according to a new report

EU will need five years to ditch Russian energy

Europe plans to phase out its dependency on Russian oil, gas and coal by 2027

‘Average day-ahead prices rose by 235% in 2021’

The prices went up from £35/MWh to £118/MWh, a new report suggests

EU approves Greek measures allowing PPC rivals increased access to electricity

The announcement comes after an investigation found the power utility’s exclusive access to lignite-fired generation gave it an unfair advantage

Small suppliers go big in business energy market

A new report finds the collective gas market share by non-large suppliers has grown from 17.0% in October 2005 to 56.2% in October 2020

Ofgem fines SSE £2m over disclosure breach

The gas and electricity regulator says the company has delayed publishing information which could have had a ‘significant effect’ on wholesale electricity prices

E.ON and thyssenkrupp bring hydrogen to the electric market

The venture will use a virtual power plant to pool around 600MW of power from electrolysis units in Germany and Britain

‘Tackling energy price issues is a priority’ says Which?

Tackling rising energy prices should be one of the next government’s main priorities. That’s according to a new report from a consumer group, which says political parties should use the forthcoming election to address a range of critical consumer issues. In a recent Which? survey, 51% of respondents said taking action on energy prices, which have gone up […]