The Department for Business, Energy and Industrial Strategy (BEIS) has called on companies to act “fairly”, as Moray East Offshore Wind farm moves to delay taking up its Contracts for Difference (CfD) support.
There is sufficient capacity and operational tools to maintain security of supply over for the summer period, National Grid ESO has said, with low demand to remain challenging.
Average day-ahead, within-day and system prices in Q1 2022 all more than tripled compared to Q1 2021 as a result of the Russian invasion of Ukraine, EnAppSys has found.
A coalition of 38 civil society groups have called on government to support households facing surging energy bills, to scale up measures to reduce gas use and to drive forwards renewable energy.