Rishi Sunak, the UK Prime Minister, has reaffirmed his and the UK’s commitment to spearheading the global green revolution, pledging to make the nation a clean energy superpower at COP27.
Cornwall Insight has identified via the latest Default Tariff Cap forecasts for April to June 2023 that the average consumer is predicted to pay £3,702 from April as opposed to the previously projected £4,255.
The UK Government’s Energy Price Guarantee has launched in Northern Ireland this month reducing bills by up to 20p/kWh for electricity and 4.8p/kWh for gas.
Energy UK has urged the UK Government to accelerate efforts to increase energy efficiency of homes in the next Budget with this regarded as crucial to reducing energy bills.
bp has recorded £7.1 billion ($8.2 billion) in Q3 profit as the oil and gas giant (O&G)benefits from elevated energy prices amid the ongoing European crisis.
