Customers’ bills to jump with price cap increase of £66 as wholesale energy prices recover
The default tariff price cap is set to increase by £66 from April 2021 as wholesale power prices jump.
Articles tagged with: covid-19
Smart meter installs drop 27% in 2020 as COVID-19 bites
Installations of smart meters were significantly impacted in 2020 as a result of the COVID-19 pandemic according to new data from ElectraLink.
Centrica hit by 15% drop in electricity demand among UK business customers
British Gas owner Centrica said electricity demand among its UK business customers was down by around 15% in the second half of 2020.
Fossil fuel generation falls to record low as renewables dominate energy market
Fossil fuel generation has more than halved over the last decade, hitting a new record low in 2020.
McKinsey: Power consumption to double by 2050 as COVID-19 helps pull back fossil fuel peak
Power consumption is set to more than double by 2050 as electrification increases, according to new research from McKinsey.
Current± Predicts: The energy transition in 2021, part five
For the fifth installment of Current± Predicts, Green Energy UK's managing director Doug Steward takes a look back at the year that's been, and adds his two cents about what's to come.
Smart meter installations hold steady despite lockdown
Energy companies' smart meter installations have "rebounded" since the UK's first coronavirus lockdown despite restrictions waxing and waning across the country, new figures show.
Little energy funding highlighted in Sunak’s Spending Review
Little was announced as part of this afternoon’s Spending Review that directly related to the energy sector, despite Chancellor Rishi Sunak stating that the government was "setting the direction" for green energy.
COVID-19 could be a catalyst for a ‘greener, more sustainable future’ says Octopus Renewables
As governments turn their eyes to a green recovery, 80% of institutional investors are planning to increase their investment into renewable energy.