Doubling onshore wind could reduce bills by £16.3bn finds RenewableUK
Doubling the UK’s onshore wind capacity by 2030 would reduce consumer bills by £16.3 billion over the course of the decade.
Articles tagged with: wholesale power price
Omni Energy stops switching customers away amid concern it will shutter
Supplier Omni Energy automatically switched customers to rival energy suppliers, after expressing concern that it is set to cease trading soon.
Shell Energy takes on failed supplier Green’s customers
Shell Energy has been appointed as Supplier of Last Resort (SoLR) for Green Supplier Limited, which collapsed last week.
British Gas takes on People’s Energy’s 350,000 customers
Ofgem has appointed Centrica’s British Gas as the Supplier of Last Resort for collapsed utility People’s Energy.
Diversified and decarbonised energy system needed urgently to manage volatility, says REA
The volatility in wholesale power prices due to exposure to global gas prices has demonstrated the need to diversify and decarbonise the UK’s domestic energy system.
EDF to take on shuttered supplier Utility Point’s 220,000 customers
EDF has been selected as the Supplier of Last Resort for Utility Point’s 220,000 domestic customers after the latter collapsed last week.
Bulb exploring funding opportunities as wholesale prices squeeze suppliers
Bulb is looking for new funding opportunities, as high gas prices continues to put a strain on British energy suppliers.
EDF increases tariffs by 12% following price cap jump
EDF has become the first supplier to raise its energy prices, following Ofgem announcing an increase in the price cap at the beginning of this month.
Price cap to jump by £139 as energy costs increase 50% in six months
Ofgem has confirmed that the default price cap will rise again in October, as energy prices hit record highs amid the world emerging from lockdown.