National Grid blames fires and tight markets for desperate supply scramble amid heatwave July 25, 2022 Tight markets and fires in East London forced the National Grid to pay record prices for energy from Belgium to prevent power outages.
Serica snubs improved Kistos merger offer July 25, 2022 Serica has rejected an improved merger proposal from energy investment firm Kistos - as it believes the new offer does not reflect the value of its core assets.
Exclusive: Octopus Energy urges rival Centrica to work with them to protect consumers July 25, 2022 Octopus Energy wants to work together with rival Centrica and market regulator Ofgem to protect households ahead of the cold winter months.
Germany hands €15bn to Uniper in bailout deal July 24, 2022 The German government has stepped in to rescue troubled utility giant Uniper with a whopping €15bn bailout after suffering sharp losses.
Japan approves plans to release Fukushima water into the ocean July 24, 2022 Japan's nuclear regulators have greenlit a plan to release contaminated water from the wrecked Fukushima Dai-ichi nuclear power plant into the ocean.
Tory contender Rishi Sunak backs insulation over heat pumps as winter crisis looms July 24, 2022 Sunak has hinted that he will prioritise insulation for low-income households over new technologies such as heat pumps this winter.
EU in talks with Nigeria to replace Russian gas as UK aims to boost flows into troubled bloc July 24, 2022 The EU is in talks to buy gas from Nigeria as the bloc scrambles to secure supplies in case Russia turns off the taps ahead of winter.
People’s Energy pair set for hefty dividend pay-out July 21, 2022 Founders of a failed energy supplier could share a hefty pay-out of more than £50m, despite its collapse leaving a whopping £283m bill for consumers.
Centrica granted licence to reopen UK’s largest gas storage site as winter crisis looms July 21, 2022 Centrica has been awarded a licence to reopen the UK's largest gas storage site, boosting plans to shore up domestic energy supplies ahead of winter.
EU member states Greece and Spain raise red flags over winter rationing plans July 21, 2022 EU proposals to ration gas this winter to stave off supply shortages have been met with opposition from member states Greece and Spain.