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

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

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

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

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

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

Production is projected to rise by 30,000 barrels per day, according to the Energy Information Administration

The offshore wind farm developer’s troubling finding could mean offshore wind energy revenues are significantly lower than expected

Bloomberg New Energy Finance says renewable energy sources can now generate electricity at a cost equal to or lower than wholesale prices in California and parts of Europe

Citizens Advice says these firms are not protected in the same way as ordinary consumers and risk being needlessly disconnected, aggressively pursued for debts and mis-sold contracts