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Energy

  • Energy operators working to blend 20 per cent of hydrogen fuel into regular gas grid from 2023

    January 15, 2022

    Energy operators of the gas grid said this morning they will have the capacity to blend 20 per cent of hydrogen fuel into the regular gas grid from next year. This means the grid will be able to deliver more hydrogen to households across Britain, a move that could see a drop in households’ carbon [...]

  • Put a sock in it: Eon feels the heat from customers after sending free socks amid deepening energy crisis

    January 14, 2022

    Energy firm Eon has become the latest firm to feel the heat on social media, after it sent socks to 30,000 customers as part of an energy saving campaign.

  • One in four people working from home will not turn heating on this winter amid rising energy costs

    January 14, 2022

    Nearly a quarter of people working from home will not turn the heating on due to energy price concerns, says Electric Radiators Direct.

  • Ecotricity reignites boardroom battle with Good Energy as it files motion to remove chairman

    January 14, 2022

    Ecotricity has filed a motion to oust Good Energy's chairman from his directorial role, with shareholders now set to vote on the proposal.

  • Energy price crisis: What can the government do to protect the poorest households?

    January 13, 2022

    Morning Wire looks over some of Downing Street’s potential options to reduce the cost of energy bills for the UK's poorest households.

  • Ovo Energy reveals redundancy plans to staff following reports of mass job cuts

    January 13, 2022

    Ovo Energy has now told staff it will cut a quarter of its workforce and axe 1,700 employees, according to BBC News.

  • Expected 50 per cent hike in energy bills may trigger ‘devastating’ national emergency for millions of older Brits

    January 13, 2022

    An anticipated price jump of about 50 per cent for energy bills across the country, likely from April onwards, can lead to a national emergency for millions of older people, a charity warned this morning. Age UK has urged ministers to take immediate and decisive action on energy bills to “mitigate the potentially devastating impact [...]

  • Centrica boss on the energy crisis: High gas bills are here to stay

    January 12, 2022

    Brits have been told the energy crisis may last for two years, according to Centrica’s chief executive Chris O’Shea. O’Shea said “the market suggests” high gas prices will continue “for the next 18 months to two years”. He said the high demand for gas was partly being driven by a move away from coal and [...]

  • Bulb Energy unable to hedge against rising wholesale prices due to credit issues, says administrator report

    January 11, 2022

    Bulb Energy dropped into administration because it was unable to hedge effectively against surging wholesale energy prices.

  • Treasury considers cutting green levy to ease cost-of-living crisis for UK households

    January 11, 2022

    The Treasury is mulling over cuts to green levies with UK households facing increased energy bills later this year amid a cost-of-living crisis.

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