Oil prices vulnerable to geopolitical shocks
Oil prices remain volatile due to ongoing geopolitical tensions, with significant fluctuations…
Tag: price volatility
Ørsted invests in battery storage with Hornsea 3 wind farm
Energy giant Ørsted's investment in a Tesla battery energy storage system co-located with…
OVO secures £200m investment amid “challenging year”
Existing investors have bolstered their shareholding in the energy supplier, with a transaction…
UK’s energy future: Sunak confirms major announcement tomorrow
The Prime Minister has said an optimistic and pragmatic plan will be unveiled on Thursday for…
“Nearly £20bn in government funding for energy storage is needed by 2030”
Almost 10% of grid capacity will be provided by battery storage by 2030, according to a new…
IEA member countries agree on new release of emergency oil
The agreement, which is the second oil release confirmed in a month, was reached on Friday, the…
Ofgem plans to extend price cap monitoring period
The move aims to support suppliers trading in an extremely volatile market
Are customers ready for a new price cap every three months?
Price cap could also work as a 'fixed mortgage' under new proposals
Industrial users will ‘bear the brunt’ to cut carbon
Industrial users will have to take the heat to achieve increased carbon reductions in the…
CCS has moved down energy industry’s priority list
Carbon capture and storage (CCS) has changed “most radically” over the past year and the issue…
