The price increase is estimated to add nearly £98 to annual energy bills

The measure, which will be implemented by lowering the input costs of fossil fuel-fired power stations, has been approved after recognising the two economies are ‘experiencing a serious disturbance’ following the increase in prices after Russia’s invasion of Ukraine

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

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

Companies hit by rising gas and electricity prices could reportedly get state aid

UK steel manufacturers currently pay 61% more for electricity than their competitors in Germany and 51% more than in France, new report finds

Higher energy prices will hit the markets if hydrogen plans do not include more renewable energy generation, new research finds

The US needs to quadruple it’s annual solar capacity which could then provide 45% of demand within 15 years

ELEXON reissues guidance on who should fall under the scheme following a campaign by brokers

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