Customers based in the UK overpaid on energy bills in 2021 to 2022 by around £7 billion which could have been avoided via a “split market” marginal pricing scheme, a report by Carbon Tracker has said.
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.
A third of Britons are now considering installing a heat pump in an effort to get off Russian gas, according to a new survey from the Energy & Climate Intelligence Unit (ECIU).
Prime Minister Boris Johnson has announced that he will issue an energy strategy in the coming days in response to the volatility of gas and power prices seen following the Russian invasion of Ukraine.
As power prices across Europe continue to go haywire, Liam Stoker and Andy Colthorpe attempt to explain the numerous contributing factors in this month’s episode of the Solar Media Podcast.
