The UK Government has announced plans to almost half the predicted MWh price for electricity and gas for businesses this winter, to £211/MWh and £75/MWh respectively.
Average day-ahead, within-day and system prices in Q1 2022 all more than tripled compared to Q1 2021 as a result of the Russian invasion of Ukraine, EnAppSys has found.
Only a quarter of private electric vehicle (EV) drivers are on time of use (ToU) tariffs, while high wholesale prices and volatility will continue to limit uptake, Cornwall Insight said.
GRIDSERVE has raised the price of electric vehicle (EV) charging on its network after what it said are “unprecedented spiraling costs” affecting the entire energy sector.
InstaVolt is increasing its pricing for electric vehicle (EV) charging from 40p/kWh to 45p/kWh from 1 December as a result of the “unprecedented increases” in the wholesale price of energy.