UK households ‘to ration energy use this winter’

Around 13.6 million – or 77% – of homeowners will take steps to ration their energy consumption this winter. According to a new survey, 32% of them will actively manage the amount of heating they use this winter, taking measures that include leaving it as long as possible before turning on the central heating (33%). Just […]

Ukraine granted $500m loan for gas supplies

Ukraine has secured its gas supply for the coming winter, thanks to a loan worth $500 million (£405m). The money from the World Bank allows national gas company Natfogaz to buy gas from Europe to meet the demand of consumers. The guarantee is part of the Bank’s plans to support wider reforms in the country’s energy […]

Winter power margin 6.6%, says National Grid

National Grid believes there will be sufficient generation and interconnector imports to meet demand throughout this winter. In its latest Winter Outlook for 2016/17, the grid operator has increased the gap between total power generating capacity and peak demand to 6.6% from the 5.5% for winter 2015/2016. That means the generation margin for the coming […]

Charity calls for fuel poverty reform and funding

A charity has made fuel poverty recommendations to the government and called for an increase in public health funding. National Energy Action (NEA) said previous fuel poverty guidance from the National Institute for Health and Care Excellence (NICE) needs to be put into action to fight fuel poverty in the UK. NICE’s aims include reducing preventable winter deaths, […]

Consumers ‘would not turn heating on this winter’

One in 10 consumers are considering to not use heating this winter due to high energy bills. Around 54% of them said they will ration their energy use to keep a lid on energy bills, new figures from uSwitch revealed. That’s an equivalent to 32 million people. It added, 12% said they would only turn […]

National Grid secures backup power for next winter

National Grid has secured an extra 3.58GW of electricity to cover potential demand during winter 16/17. The operator awarded 12 Supplemental Balancing Reserve (SBR) contracts worth £122.4 million. A total of 18 tenders from seven companies signed up. They represent 11 power plants offering 6.4GW of capacity of which 5.8GW is not currently available in […]

Cold weather ‘to add £1.2bn to UK energy bills’

The cold winter is expected to add a £1.2 billion to consumers’ energy bills. A report from comparethemarket.com stated gas bills are set to rise by 6.2% during the winter period. That’s an estimate of £46 extra on their annual gas bill, it added, based on National Grid’s expected energy usage and current tariffs. James Padmore, […]

Ofgem: UK has enough electricity supplies for winter

There are enough electricity supplies to keep the lights on this winter, according to Ofgem. Its new report confirms National Grid has enough additional balancing service to meet demand. It follows the grid operator’s announcement last week that the power margin – the difference between peak demand and available supply – could be the tightest […]

Protestors target Energy UK winter deaths news

UK energy giants were accused of being responsible for a significant number of winter deaths related to cold homes last year. Around 100 protestors marched across London today – from the Institute of Directors office to Energy UK’s building in Regent Street – chanting ‘Public energy now’ and ‘Bring down the Big Six’. Traffic came […]

Power prices for December jump on first frost – DMR

UPDATED. Power prices for December jumped 0.75p per therm today after Jack Frost showed his face in parts of the UK overnight, according to the daily market report from npower. The front-month contract opened 48.50 pence per therm this morning, compared with 47.65p at close of play of Friday. Gemma Bruce, Client Portfolio Manager at […]