EU considering further sanctions on Russia

Whether these will include Russian energy is still being debated

Kwasi Kwarteng: “Our pledge to decarbonise grid by 2035 is a fundamental milestone”

The Business and Energy Secretary said the all-green grid will swift the UK away from volatile fossil fuels

Energy crisis make suppliers stop taking on new customers

Utilita and Neo Energy have decided to rearrange the process of selling to new customers

Families in less energy efficient homes take hit of gas price hike

A new report reveals that these households are paying up to the equivalent of £246 more on their annual gas bills

Administrators appointed to PfP Energy

Administrators said that some of the 50 employees of the failed supplier will be kept for a short period to help with the transfer of customers to British Gas

Price comparison website switches off gas and electricity switching service

As energy costs soar, many suppliers have removed their tariffs from Go Compare which decided to pause its switching service

Power prices predicted to keep burning in winter!

High gas prices are the main driver of this price hike that is not likely to abate any time soon, new research concludes

UK power and gas prices tumbled in March

UK electricity and natural gas prices tumbled in March, by 15% and 20% respectively. That’s according to the latest data from S&P Global Platts, which suggests milder conditions, longer days and a resuming of French power imports were the main reasons. The power price fell from £49.35/MWh in February to £42.02/MWh in March, with similar declines in the […]

Volatile short term gas prices continue – DMR

Gas and power prices were volatile once again this morning, according to the daily market report from npower. The price of gas for delivery in February had “swings of nearly a penny” while the equivalent price for power jumped around 30 pence. Tim Carter, Client Portfolio Manager at npower’s Optimisation Desk said: “Front month gas […]

Britain ‘no longer an island’ for gas prices

The days of British gas prices being seen in isolation are long gone, according to an academic at the University of Oxford’s Institute for Energy Studies. At an event hosted by National Grid yesterday, Professor Jonathan Stern informed a business audience the “days of thinking about the UK gas market as separate disappeared some time […]