Energy bills to fall – but more pain to come
Energy bills will fall to £1,923 a year for the typical household from October, under the new price cap announced today by industry regulator Ofgem.
Energy bills will fall to £1,923 a year for the typical household from October, under the new price cap announced today by industry regulator Ofgem.
France overtook Sweden to be the biggest net exporter of power in Europe, while Germany moved from exporter to importer during the first half of this year.
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Catherine Mann proposes carbon taxes for curbing emissions, though global standards inconsistencies and potential cost increases spark debates on their viability.
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Sweden retained its position as the biggest net exporter of power in Europe during the second half of last year.
This year’s T-4 Capacity Market Auction for the delivery year 2026-27 has cleared at an all-time high price of £63/kW/year with 43GW of derated capacity-securing contracts.