Category : Search result: energy acquisition


Ofgem to Cut Energy Price Cap, Saving Households £100

Millions of UK households are set for a welcome reprieve as the energy regulator Ofgem announces a significant drop in the price cap. The average annual bill is expected to fall by over £100, offering crucial relief amid the ongoing cost of living crisis.

Ofgem Cuts Price Cap: Energy Bills to Fall by £122

Millions of UK households will see their energy bills drop as the regulator Ofgem announces a significant reduction in the price cap. The average annual bill for a typical dual-fuel household will fall to £1,690, offering crucial relief amid the cost-of-l

Ofgem fines energy supplier £1.8m for service failures

Cornwall Energy, a UK gas and electricity provider, has been hit with a hefty £1.8 million penalty by regulator Ofgem for severe customer service and billing failures, leaving thousands of households in distress.

Ofgem's £3bn Warning to Energy Firms Over Customer Debt

The UK energy regulator, Ofgem, has issued a stark warning to suppliers over a mounting £3 billion debt crisis. With millions struggling to pay bills, the regulator is demanding urgent plans to support customers and prevent a future financial catastrophe

Victoria's renewable energy costs soar: what's next?

The ambitious renewable energy transmission plan in Victoria has encountered significant budget overruns, raising concerns about feasibility and taxpayer burdens. Experts weigh in on the challenges and potential solutions.

Australia’s Green Energy Export Potential

Australia stands on the brink of a green energy transformation, poised to lead the world in renewable exports. Discover how the nation can harness its vast natural resources to fuel a sustainable future.

Ørsted shares crash £9bn amid cash call crisis

Ørsted, the global leader in offshore wind energy, faces a financial storm as shares nosedive by £9bn following a shock cash call. Discover the implications for the renewable energy sector.

UK energy bills to drop as Ofgem lowers price cap

Millions of British households will benefit from lower energy bills as Ofgem reduces the price cap following a decline in wholesale costs. The change comes amid shifting global energy dynamics.

OVO Energy’s Critical Customer Update

OVO Energy has released a critical update for its customers, addressing key concerns about billing, payments, and support. Here’s everything you need to know.

Australia's renewable gamble sparks economic fears

Australia's ambitious renewable energy push under PM Anthony Albanese and Energy Minister Chris Bowen is facing backlash, with critics warning it could lead to economic turmoil and energy insecurity.

China's coal industry faces clean energy reckoning

China's coal sector faces unprecedented challenges as the nation accelerates its shift towards renewable energy. Explore how this transition impacts global climate goals and local economies.

Exxon blocks Chevron's $53bn Hess oil deal

ExxonMobil and China's CNOOC have filed arbitration claims to block Chevron's $53bn acquisition of Hess, setting the stage for a fierce legal battle over Guyana's lucrative oil fields.

Reform UK plans to scrap clean energy subsidies

Reform UK has unveiled a controversial plan to abolish subsidies for renewable energy, claiming it will reduce energy costs for households. Critics warn this could derail the UK's climate goals.

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