GB's period of high power prices shows no signs of abating with the day-ahead auction for Tuesday (14 September) clearing at new records across the board.
British Gas has been chosen by Ofgem to take on the customers of PfP Energy and MoneyPlus Energy following the collapse of the two suppliers last week.
The fourth auction round of the Contracts for Difference (CfD) scheme is to have a £265 million budget, the Department for Business, Energy and Industrial Strategy (BEIS) has said.
Power prices in Britain have spiked dramatically, with day-ahead auctions clearing at £731/MWh for today's evening peak amidst what industry analysts have labelled a "perfect shoulder month storm".
