‘Coal phase-out and workforce shortages drive power price hike’
The phase-out of coal plants and workforce shortages in renewable energy sectors are set to…
Tag: power prices
Record negative electricity prices hit Britain
Britain endured a record 214 hours of negative electricity prices in 2023, according to a…
Ofgem consults on Elexon ownership changes
The consultation builds on previous responses and decisions regarding Elexon's ownership
UK power prices expected to remain high
Despite a 12% reduction in short term power market price forecast, average costs for 2024 are…
Plummeting power prices hit Statkraft profits
Statkraft has reported solid financial results in third quarter of the year, despite a…
Ireland braces for soaring power prices in 2024
Irish power prices are predicted to increase in 2024 due to gas supply disruptions, according…
UK’s wind power leads the way in capacity
The UK's wind fleet has reached 29GW of capacity, surpassing all other power station…
Ofgem reviews wholesale energy allowances in price cap
The energy regulator considers returning money to customers over retailers' profit from…
UK ‘power dumping’ raises concerns over energy management
National Grid ESO has reportedly paid up to £550/MWh to dump excess power into neighbouring…
“UK monthly energy bills could hit £500 in January”
New analysis predicts energy bills could hit almost £4,000 a year in January 2023
