A surge in gas prices triggered by the Iran war has caused a knock-on spike in the price of electricity in the UK, Italy and many other European markets. This is because gas almost always sets the ...
THREE major energy suppliers have pulled all of their fixed-price deals after Iranian strikes triggered a fresh increase in ...
The price cap that dictates the typical British household energy bill is expected to climb by 20 per cent in July compared ...
The government has been urged to decouple the price of UK electricity from gas – which typically commands the highest cost per MW – to save households around £203 per year on energy bills.
But the main question concerns what will happen to electricity prices this summer. A sustained crisis could push prices ...
British households are heading into a new kind of energy crisis: bills are rising even as wholesale power and gas prices are falling. The growing gap is adding to the government’s political headache ...