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UK weighs one-off increase to energy price cap to aid suppliers

Britain's energy regulator is considering a one-off increase to its price cap on energy bills to reduce the risk of suppliers going bust amid record levels of customer energy debt, it said on Thursday, in a proposal condemned by consumer campaigners.

read more... 13/10/2023

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Slovakia stops relying on Russia for nuclear fuel

A new deal with US firm Westinghouse means that 18 months after Russia invaded Ukraine, Slovakia has diversified its suppliers of crucial energy materials and is now looking to France for another source.

read more... 29/08/2023

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Ofgem unveils buy-out price and mutualisation ceilings for 2023-24 ROC

Renewable energy suppliers in the UK have been informed that the buy-out price for the 2023-24 obligation period will be £59.01 per Renewables Obligation Certificate (ROC).

read more... 13/04/2023

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EU drafts rules to stop power suppliers cutting off vulnerable consumers

European Union countries will have to protect vulnerable consumers from being cut off by electricity suppliers if they cannot pay their bills, according to draft EU rules due to be published on Tuesday.

read more... 15/03/2023

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The EU Moves Toward Forming A Natural Gas Buyers’ Cartel

The European Union will make its first move as a buyers’ group on the international gas market next month as it launches the first tender for suppliers.

read more... 07/03/2023

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