Category : Search result: wholesale energy prices


Ofgem hikes energy price cap for winter

Millions of UK households face higher energy costs this winter as Ofgem announces significant price cap increase starting October 1st, adding pressure to already strained family budgets.

Energy bills to fall as Ofgem cuts price cap

Millions of British households are set for welcome relief as the energy price cap falls by over £100 this summer, though bills remain significantly higher than pre-crisis levels.

Ofgem cuts energy price cap by £122 from October

Millions of UK households will see a welcome reduction in their energy costs this autumn as the regulator announces a significant cut to the price cap, driven by falling wholesale prices.

Renewable Investment Up 10% Despite Trump Rollback

Despite Trump's regulatory rollbacks, global renewable energy investment jumped 10% in 2025, with solar leading the charge. The US saw a 15% increase, proving clean energy's economic resilience.

10 Genius Hacks to Slash Your Energy Bills This Winter

Struggling with soaring energy costs? Discover 10 expert-approved, easy tricks to dramatically reduce your gas and electricity bills this winter. From simple thermostat tweaks to little-known boiler settings, start saving money today.

British Gas Warns of 100% Bill Surge in Cold Snap

British Gas warns millions of UK households to brace for a severe cold snap, with energy bills potentially doubling. Get expert tips on how to stay warm and save money during the freeze.

UK's Nuclear Renaissance: Is a Golden Age Finally Here?

After decades of false starts, a powerful convergence of political will, technological innovation, and energy security concerns is propelling nuclear power back to the forefront of Britain's energy strategy. Discover why the stars are aligning for a atomi

South Wales Winter Energy Crisis as Deep Freeze Looms

Exclusive: A perfect storm of severe weather warnings and soaring energy costs threatens to plunge South Wales into a winter crisis, with MPs warning of unaffordable bills and a 'serious problem' for vulnerable residents.

Costco Announces Major US Expansion with New Warehouses

US retail giant Costco Wholesale is embarking on a significant expansion across America's heartland, with new membership warehouses confirmed for South Dakota, Ohio, and Nebraska, signalling strong growth for the bulk-buy retailer.

Miliband's Plan for a Nuclear 'Golden Age' in UK Energy

Labour's Shadow Energy Secretary, Ed Miliband, unveils an ambitious strategy to fast-track nuclear power, aiming to slash bills, bolster energy security, and create jobs, marking a significant shift in UK energy policy.

Octopus Energy Beats Price Cap with New Fixed Deal

Octopus Energy has launched a new one-year fixed tariff that undercuts the current Ofgem price cap, offering significant savings for millions of British households. Discover if you can switch and save.

Australia's Energy Grid Crisis: Blackout Warnings Issued

Australia's national energy market is in a state of emergency as extreme cold, generator failures, and gas shortages trigger blackout warnings and send wholesale electricity prices soaring across the eastern states.

Miliband-backed power station investigated over green claims

The Drax power station, Britain's biggest renewable energy plant and recipient of billions in taxpayer subsidies backed by Energy Secretary Ed Miliband, is now under formal investigation for potentially misleading claims about its green credentials.

Heat Pumps Could Halve UK Heating Bills With Reform

New research indicates that reforming the UK's energy system could make heat pumps up to 50% cheaper to run than gas boilers, offering massive savings for households and accelerating decarbonisation.

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