Ofgem and DESNZ offer brokers guidance on energy volatility
Brokers and suppliers have been told to make sure they are transparent with customers as energy…
Tag: price volatility
Oil prices vulnerable to geopolitical shocks
Oil prices remain volatile due to ongoing geopolitical tensions, with significant fluctuations…
Ørsted invests in battery storage with Hornsea 3 wind farm
Energy giant Ørsted's investment in a Tesla battery energy storage system co-located with…
OVO secures £200m investment amid “challenging year”
Existing investors have bolstered their shareholding in the energy supplier, with a transaction…
UK’s energy future: Sunak confirms major announcement tomorrow
The Prime Minister has said an optimistic and pragmatic plan will be unveiled on Thursday for…
“Nearly £20bn in government funding for energy storage is needed by 2030”
Almost 10% of grid capacity will be provided by battery storage by 2030, according to a new…
IEA member countries agree on new release of emergency oil
The agreement, which is the second oil release confirmed in a month, was reached on Friday, the…
Ofgem plans to extend price cap monitoring period
The move aims to support suppliers trading in an extremely volatile market
Are customers ready for a new price cap every three months?
Price cap could also work as a 'fixed mortgage' under new proposals
Industrial users will ‘bear the brunt’ to cut carbon
Industrial users will have to take the heat to achieve increased carbon reductions in the…
