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Tag: gas crisis
about 2 years ago
cityam.com

Energy boss: Millions will suffer without more support for rising bills this winter

Households will be unable to cope with a huge spike in energy bills this winter unless the Government steps in argued...

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about 2 years ago
cityam.com

EDF Energy calls for more household support as price cap prediction jumps £6,500

Households will be under more pressure this winter from soaring hikes in energy bills. Half of British households are...

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about 2 years ago
cityam.com

Farming union defends solar panels from Tory attacks

The UK’s largest agricultural body has defended the farming sector’s support of solar panels, despite criticism from ...

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about 2 years ago
cityam.com

UK's leading farming union defends solar panels from Tory attacks

The UK’s largest agricultural body has defended the farming sector’s support of solar panels, despite criticism from ...

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about 2 years ago
cityam.com

Soaring energy bills could plunge Britain into a 'humanitarian crisis,' NHS leaders warn

NHS leaders have warned that soaring energy bills could plunge the UK into a “humanitarian crisis” by driving a surge...

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about 2 years ago
cityam.com

Ofgem places the cost of supplier failures on to standing charges

Ofgem has opted against shifting the costs of supplier failures to unit rates, and has instead kept them on standing ...

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about 2 years ago
cityam.com

Ofgem under pressure as director quits role after price cap changes

An Ofgem director has quit their role after the watchdog changed the methodology of the price cap, imposing hundreds ...

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about 2 years ago
cityam.com

Brits could suffer £5,600 energy bills as power and gas prices climb to record highs

The consumer price cap will spike to £5,600 per year amid sustained supply shortages in Europe.

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about 2 years ago
cityam.com

One in three Brits will be unable to afford their heating bills next year warns charity

Millions of Brits face a "winter of despair" where they will be unable to pay their energy bills, warned Citizens Adv...

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about 2 years ago
cityam.com

Germany will run out of gas in less than three months if Russia turns off the taps

Germany will suffer gas shortages in less than three months if Gazprom cuts off supplies to the continent its taps, w...

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about 2 years ago
cityam.com

High commodity prices boost bin collector Biffa's recycling revenues

Waste collection company Biffa today posted “strong” financial results as high commodity prices bolstered the firm’s ...

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about 2 years ago
cityam.com

European Commission targets raw material ramp-up to meet green future

The European Commission is hoping to boost production of homegrown raw materials needed for green energy to reduce it...

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about 2 years ago
cityam.com

Exclusive: Energy price cap is only hurting customers, says Utilita boss

The price cap is a symbol of regulatory failings across the energy sector, argued Utilita Energy (Utilita) boss Bill ...

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about 2 years ago
cityam.com

Exclusive: Labour plans to tackle energy crisis lack 'bold thinking' argues Utilita boss

Labour's efforts to tame household energy bills this winter does not provide enough support for vulnerable customers,...

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about 2 years ago
cityam.com

Labour pushes for price cap freeze to tame cost of living crisis

Labour has waded into the energy crisis with £29bn proposals to ease household energy bills amid a deepening cost of ...

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about 2 years ago
cityam.com

German households braced for heavy levy as country counts cost of Russian squeeze

German households will suffer the heavy price of a Russian supply squeeze on European gas flow, with a new levy on th...

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about 2 years ago
cityam.com

Sunak commits further financial support for households to tackle soaring energy bills

Leadership contender Rishi Sunak has pledged immediate financial support for households this winter to help tame risi...

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about 2 years ago
cityam.com

Scottish Power urges Government to bring in price cap freeze as winter crisis looms

The boss of Scottish Power has proposed that the energy price cap should be held for the next two years to ease house...

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about 2 years ago
cityam.com

Exclusive: Energy boss slams Lord Frost for 'guilty men' criticism of net zero policies

The boss of a UK supplier has slammed net zero critics who have blamed renewables and climate policies for the ensuin...

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about 2 years ago
cityam.com

Exclusive: Good Energy boss hits out at 'misty-eyed' calls to nationalise utilities

People should not get "misty-eyed" over nationalised utilities, argued Good Energy boss Nigel Pocklington.

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about 2 years ago
cityam.com

Exclusive: BEIS chair slams Government over lack of insulation plans heading into winter

The Government has exacerbated the energy crisis by failing to ramp up the efficiency of British homes, argued BEIS c...

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about 2 years ago
cityam.com

Exclusive: Energy crisis is a "state of emergency" and the Government has to act now, warns So En...

The Government is running out of time to tackle rising household energy bills ahead of winter, warned Simon Oscroft, ...

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about 2 years ago
cityam.com

Exclusive: OEUK warns against undermining investor confidence with windfall tax tampering

Industry body Offshore Energies UK has warned against further tampering to the windfall tax, which it believes would ...

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about 2 years ago
cityam.com

Government to hold talks with energy bosses as pressure builds to tame household bills

Energy bosses will meet with Government tomorrow, to discuss how they can ease pressure on consumers facibng record b...

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about 2 years ago
cityam.com

EON slashes stake in Nord Stream 1 pipeline by €700m amid Russia-Europe uncertainty

Europe's largest energy network operator has slashed the value of its stake in the Nord Stream 1 gas pipeline by arou...

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about 2 years ago
cityam.com

National Grid confirms winter outlook on the way after Norway warns of export curbs

National Grid will provide a full winter outlook in the coming months to ensure its forecasts are as "robust as possi...

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about 2 years ago
cityam.com

Japan intends to keep stake in Russian oil and gas project despite Western exodus

Japan will keep hold of its stake in an oil and gas project in Russia, despite Western energy giants abandoning proje...

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about 2 years ago
cityam.com

Distributor passes on £280m in higher energy prices to cover market carnage

UK Power Networks has passed on hundreds of millions of pounds in higher prices to energy users to cover the cost of ...

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about 2 years ago
cityam.com

UK prepares to simulate supply crunch as challenging winter looms

The UK is preparing to simulate a gas supply crisis, to test how resilient the energy system is in the case of emerge...

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about 2 years ago
cityam.com

Households set for painful hikes in energy bills this winter as Ofgem confirms quarterly price cap

The consumer price cap will be updated four times a year rather than twice, raising the prospect of painful hikes in ...

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about 2 years ago
cityam.com

G7 weighs up proposals to block transport of Russian oil supplies

The G7 is considering plans to block the transporting of Russian oil unless it heeds a price cap, amid a supply crunc...

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about 2 years ago
cityam.com

BP boss confirms higher taxes in line with profits as Labour calls for investment relief to be sc...

BP boss Bernard Looney has confirmed the energy company will be paying more taxes in line with near-record quarter re...

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about 2 years ago
cityam.com

Wonks: Power prices won't ease until 2028 despite renewable ramp-up

Power prices will take five years to plateau, according to the latest market outlook from energy specialist Cornwall ...

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about 2 years ago
cityam.com

BP follows in rivals' footsteps with record £6.95bn quarterly profits

BP has unveiled profits of $9.3bn for the second quarter, powered by soaring oil and gas prices following Russia's in...

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about 2 years ago
cityam.com

Homeowners offered energy MOT to ease bills

Homeowners can benefit from recommendations for saving money on energy bills via a new website set up by the Governme...

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about 2 years ago
cityam.com

Octopus Energy calls for £1bn in public money to finalise Bulb Energy deal

Bulb's future could finally be settled in the coming weeks, provided the Government coughs up £1bn in taxpayer funds.

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about 2 years ago
cityam.com

Octopus Energy calls for £1bn taxpayer support to finalise Bulb Energy deal

Bulb's future could finally be settled in the coming weeks, provided the Government coughs up £1bn in taxpayer funds.

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about 2 years ago
cityam.com

Ringfencing risks driving up energy bills, warns Cornwall Insight

The cost of ringfencing consumer credit balances will risk adding more costs to bills "at a time when consumers can i...

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about 2 years ago
cityam.com

Ofgem orders Tru Energy to improve handling of direct debits

TruEnergy has been slapped with a provisional order, compelling the supplier to take action so that its direct debit ...

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