‘Millions of pensioners will struggle to pay their energy bills this winter’

The ongoing energy crisis will see 150,000 elderly people fall into fuel poverty and 1.1m struggle to pay their bills, a new study claims

Carbon hits record price in Europe following COP26

The climate summit has seen the price hike by more than double since the start of the year, as governments look to curb its impacts through new agreements

Cost of EVs to rise as China dominates the market

A new study has found more than half the EVs made in 2026 will be coming from China – and as the price in lithium rises, so will the price of the cars

OPEC to boost oil production to stabilise market

An agreement has been made to increase production to 400,000 barrels a day each month from August until December to control the market

UK’s household energy bills at their lowest since 2018

With global power demand and wholesale energy prices nose-diving during the lockdown, energy tariffs have dropped significantly

Dip in oil prices sees fixed household bills drop below £800 a year for first time since 2018

Low wholesale energy prices mean six suppliers are now offering a total of nine new fixed deal energy tariffs for less than this price

Coronavirus causes Europe’s carbon market to crash

IHS Markit notes the market is currently trading around 40% down since early March

Igloo Energy announces up to 30% price cut for gas customers

The challenger firm says reductions will vary due to differences in the cost of distributing gas regionally across the UK

Bulb cuts gas rates but steps up power prices

The firm, which has more than 1.6 million customers in the UK, says the changes are driven by falling wholesale gas prices and higher electricity network and policy costs respectively

The chance to save cash ‘is driving EV adoption’

That’s according to a new survey published by charging infrastructure firm NewMotion, which asked 4,492 EV drivers about a variety of issues relating to the adoption of battery-powered cars