nationalisation
An investigation reveals that bringing energy into public ownership could end energy company profiteering, resulting in potential savings of £45 billion for billpayers
Germany’s largest gas importer suffered a loss before interest and taxes of around €10.9 billion last year as it was put in an “extremely difficult” situation
The boss of Uniper will resign as the nationalisation of the company “marks the start of a new phase”
A takeover by OVO would reportedly not require additional taxpayer funding
Analysts have said other countries, including France and Germany, have public energy and the UK should follow suit to reduce bills and accelerate energy efficiency
The German Government will inject a further €8 billion into the gas giant
Economics expert has told ELN that the move could lead to expensive prepayment meters
A fuel poverty and energy policy researcher told ELN that the UK energy bills could be slipping into “very scary territory”
Campaigners have said the nationalisation could lead to lower bills
Gordon Brown has called on the government to scrap the price cap amid energy crisis