gas bills

Putin has another gas shock in store for us: the deindustrialization of Europe

Putin has another gas shock in store for us: the deindustrialization of Europe

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“Putin knows exactly what he is doing. It targets electrical substations and step-up transformers that are difficult to replace,” said Professor Alan Riley, energy expert at the Atlantic Council and adviser for Ukraine. “He has a full view of every target because he has detailed plans dating back to the Soviet Union. This is an …

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Wood-burning stoves sell out as families seek ways to keep warm

Wood-burning stoves sell out as families seek ways to keep warm

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Wood-burning stoves are disappearing from sale as desperate households seek old-fashioned ways to weather the energy crisis. A recent surge in demand, coupled with Covid manufacturing delays, means some models won’t be available until next summer at the earliest, manufacturers have warned. Retailers said consumers were looking for alternatives to electricity and gas to heat …

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Struggling energy providers throw financial lifeline for Rishi Sunak

Struggling energy providers throw financial lifeline for Rishi Sunak

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Energy suppliers to struggling households have been thrown a financial lifeline by a key market player, reducing the risk that taxpayer bailouts will be needed to give Rishi Sunak a boost. Elexon, which runs the power exchanges that keep Britain’s lights on, has dramatically reduced the size of the deposits it asks suppliers to offer …

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British Gas to pay households to cut teatime electricity use by 30%

British Gas to pay households to cut teatime electricity use by 30%

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Centrica opens the site without government financial support this winter. However, Centrica chief executive Chris O’Shea said he would need support if he were to increase capacity for next winter and convert it to long-term hydrogen storage, as hoped. He said the support available for power interconnections, a cap and floor mechanism in which the …

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Households will receive £240 to reduce their energy consumption this winter

Households will receive £240 to reduce their energy consumption this winter

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Households are to be paid around £240 to run washing machines and dishwashers overnight this winter as part of National Grid’s efforts to avoid power outages. Homes will be offered payments for every kilowatt-hour of electricity they don’t use sometimes during program testing and when National Grid has to reduce demand because there isn’t enough …

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