Etichetta: energy

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Drax is expected to profit from UK energy crisis until 2023

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The owner of the Drax power station is expected to profit from Britain’s energy crisis until 2023 and will plough billions into doubling its production of wood pellets for burning by 2030 despite mounting opposition f...

Energy firms fined after subsea cable delay pauses Scottish windfarms

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Two energy companies will pay a record £158m fine after delays to a major subsea power cable bringing renewable energy from Scotland to England and Wales caused home energy bills to rise. National Grid and Scottish Po...

UK energy watchdog promises tougher stress tests for suppliers

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The energy regulator has promised to enact tougher stress tests for energy suppliers to prove they have the financial strength to weather a surge in energy market prices – with consequences for suppliers which fail. O...

Collapse of UK energy firms could cost each household extra £120

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The energy crisis could cost each home in Great Britain an extra £120 to cover the expense of dozens of energy supplier collapses this winter, which would plunge hundreds of thousands of households into fuel poverty f...

Westlife: Wild Dreams review – desperate divorced-dad energy

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From Sex and the City to pop-punk to low-slung jeans and tiny bags, the early-00s revival has been wide-ranging and frantic. It feels easier to list the turn-of-the-millennium culture that hasn’t been post-ironically ...

The UK energy sector must be brought back into public ownership as soon as possible

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News earlier this week that Bulb Energy is to go into special administration is the latest episode in a period of unprecedented financial strain in the UK’s energy sector. Like the other 22 energy suppliers that have ...

Bulb’s collapse signals the urgent need for energy market reforms

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About three hours after Bulb announced to the world, including its 1.7 milioni di clienti domestici, that it had gone bust, Ofgem confirmed the fact. Slow reactions, purtroppo, have typified the regulator’s struggle to kee...

From energy prices to the new cold war, we were warned about 2021 – back in 1997

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Nel 1997, when things could only get better, Wired magazine gave over an issue to the raw optimism of the age: we should look forward to 20 solid years of peace, prosperity and progress, as a new age of consensus polit...

Bulb Energy enters ‘special administration’ after collapse

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Bulb Energy has gone bust and will be placed into an untested “special administration” process to manage the fallout of the biggest energy supply collapse on record. The energy regulator drew up plans over the weekend...

Energy suppliers reject new customers amid crisis in market

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Sarah Greaves*, a single mother who has spent the last six months renovating a home near Stroud, was left facing a winter without proper heating because no energy supplier was prepared to take her on as a customer and...

Proposed energy price cap tweak may mean household bills rise faster

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Energy regulator Ofgem has set out plans to tweak the energy price cap more often to keep pace with fast-moving market prices, in a move that could mean over 15m households face higher bills more often. In response to...

My energy firm went bust but it has never repaid my credit

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I switched my energy supply from Utility Point to Orbit in May. I had a credit of £284 with Utility Point which was never repaid. It has since ceased trading. How do I recover the money?CM, London Soaring gas prices h...

Neon Reef and Social Energy become latest UK power suppliers to go bust

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Another two energy suppliers have gone bust, bringing the total number of companies crashing out of the UK’s energy market to 21 in the last 10 settimane. Neon Reef and Social Energy have both collapsed under the pressure...

Wholesale energy prices hit second highest level in at least three years

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Wholesale energy prices hit the second highest level in at least three years on Monday, adding pressure on suppliers struggling to secure electricity and gas at competitive rates. Low wind speeds were to blame for pus...

Luxury cars, vacation homes: solar energy Ponzi scheme defrauded investors of $1bn

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A San Francisco Bay Area man has been sentenced to 30 years in federal prison for running an audacious solar energy Ponzi scheme that defrauded investors of $1bn, the biggest criminal fraud scheme in the district’s hi...

‘Danger unites us’: coalminers on the frontline of clean energy

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Three hundred metres below ground, Sebastian Tirintică operates an elevator at the Livezeni mine in Romania’s Jiu valley. His eyes widen with concentration as he guides the lever to lower the cage, ferrying the iron, ...

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