Energy groups push for government action as power prices reach record highs December 23, 2021 Energy UK is the latest industry voice calling for government support as the energy sector struggles with record wholesale gas prices.
US to become world’s biggest LNG exporter in 2022 December 22, 2021 The US will become the world's largest LNG exporter in 2022, overtaking Qatar and Australia, according to data presented to Reuters.
Taxpayer bill for Bulb could top £1bn as energy prices soar December 22, 2021 Running failed energy supplier Bulb could could cost taxpayers over £1bn as the price of gas continue to rocket, according to reports. Bulb was left to shoulder the spiralling cost of gas after administrators were instructed, at short notice, by the government to buy most of its wholesale energy needs, sources told The Times, which first [...]
European gas prices reach record highs as flows on key pipeline move towards Russia December 21, 2021 European gas prices hit record levels on the same day power prices peaked on the continent, as flows on the Yamal-Europe pipeline moved eastwards.
European power prices reach all-time highs amid soaring wholesale gas costs December 21, 2021 European power prices have reached all-time highs of €180 per megawatt-hour(MWh), according to Morningstar’s Utilities Observer report.
Gas exports to Europe fall again as supply shortages and cold winter causes prices to surge December 19, 2021 Russian natural gas deliveries through the Yamal-Europe pipeline dropped sharply on Sunday amid surging energy prices across Europe.
UK gas prices reach all-time highs as winter tensions mount across Europe December 17, 2021 UK gas prices surged to an all-time high of 350p per therm earlier this week amid soaring demand and supply concerns.
Gazprom’s export growth to European markets slows over winter as energy crisis deepens December 15, 2021 The pace of Gazprom's natural gas exports' growth to Europe has slowed down in recent months, with fears of blackouts this winter.
Gas prices rise amid escalating Russia tensions and Nord Stream 2 uncertainty December 13, 2021 Gas prices have surged amid growing tensions over Russian troops at the Ukrainian border and increased Nord Stream 2 pipeline uncertainty.
Ofgem offers suppliers pathway to recouping costs after taking on new customers December 1, 2021 Energy firms that rescued stranded customers from fallen suppliers since September can now submit claims for incurred costs.