Energy Market News and Updates News

Content in this article What Causes Regional Energy Price Differences? How Distribution Networks Affect Your Energy Bill How Supply and Demand Change Energy Prices Which Parts of the UK Have the Most Expensive Energy? Unit Rates (Blue Line) Standing Charges (Red Line) Regional Highlights Where in the UK is Energy Cheapest? How Renewable Energy Affects […]

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uk energy prices 7 factors behind the high costs

Content in this article 1. The Post-Pandemic Surge in Energy Demand Global Energy Demand Growth Forecast The Uneven Global Recovery and Energy Demand The Role of Pent-Up Consumer Demand 2. Geopolitical Tensions and Supply Disruptions The Ripple Effects of Geopolitical Tensions The Growing Threat of Cyberattacks on Energy Infrastructure 3. The Costs of Transitioning to […]

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The cost of natural gas in the UK has increased 420% in the last 12 months and this, along with environmental factors are affecting the production of electricity which has caused prices to sky rocket in recent months. This means that energy firms are changing their prices and creating new tariffs with higher prices without […]

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COVID HITS ENERGY TARIFF SWITCHING FIGURES “It’s incredible to think that approximately £2.6 billion could be saved, if as a nation we were all aware of just how easy it is to switch and save on energy.” 436,000 fewer consumers in 2020 switched energy supplier for better tariff amid pandemic More than 50% of UK […]

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The Competition and Markets Authority has researched the energy market until June 2016 and have come up with some interesting findings. The report suggests that the domestic energy market has been facing extreme price rises over the decade. There are many reasons for this and it has checked in on all of them. It emphasizes […]

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edf-energy-works-at-hinkley-point-_freepricecompare

EDF Energy has chosen Mace as the favoured bidder for a proposed contract for the Hinkley Point C nuclear plant situated on the northern Somerset coast. The plans involve major construction work, management services, and NEC contract management. Hinkley Point C nuclear plant is set to produce energy that will service a phenomenal 5 million […]

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