New analysis from the Energy and Climate Intelligence Unit’s (ECIU) Power Tracker has revealed that the amount of energy generated from renewables outnumbered that of gas.
The energy industry's welcome for the opening of the Review of Electricity Market Arrangements' second consultation has been somewhat dampened by the UK government's coinciding support for new gas power plants.
Wales and West Utilities has launched the HyVoltage Project to assess how new links between gas and electricity networks can help deliver more reliable and cost-effective energy.
Customers based in the UK overpaid on energy bills in 2021 to 2022 by around £7 billion which could have been avoided via a “split market” marginal pricing scheme, a report by Carbon Tracker has said.
Consumers based in Northern Ireland were able to avoid paying a collective total of £500 million thanks to the nation’s wind farms having provided 42% of electricity for the year.
Both the National Energy Action (NEA) and the Social Market Foundation (SMF) have said that over seven million households face the risk of fuel poverty come April 2024 prompting calls for politicians to provide “workable long-duration policies”.
From the beginning of the wholesale gas crisis to the end of the newly extended Energy Price Guarantee initiative, gas will have added £4,400 to the average household’s energy bill, according to the Energy and Climate Intelligence Unit (ECIU).