UK Energy Bills May Rise £500 a Year Amid Middle East Conflict
Middle East conflict could add £500 to UK energy bills and wipe out living standards growth, warns Resolution Foundation.
Middle East conflict could add £500 to UK energy bills and wipe out living standards growth, warns Resolution Foundation.
Middle East crisis could add £500 to UK energy bills, wiping out living standards growth, warns Resolution Foundation.
Ofgem raises energy price cap by 13% to £1,862 from July, citing Iran war-driven global gas price surge. Households face £18 monthly increase.
Ed Miliband's £1.1bn annual offshore wind budget criticised as too low to meet 2030 green targets, covering only a quarter of eligible projects.
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RecommendedUS interest in electric vehicles surges 20% as gas prices hit $3.90/gallon amid Iran conflict, but market share remains low.
Shell CEO warns Europe could face fuel shortages by April if Strait of Hormuz remains closed, with diesel and petrol under threat.
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UK inflation hits 3.3% in March as Iran war drives biggest fuel price jump in over three years, with petrol and diesel costs soaring.
New government estimates show Australian LNG exporters gaining $27bn from Middle East conflict, reigniting calls for higher gas taxes. Senator David Pocock says campaign for a gas tax continues.
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RecommendedGoldman Sachs warns oil could hit $100 a barrel within days and $150 by month-end due to Strait of Hormuz disruption from Iran war.
UK motorists urged to fill up before Sunday as diesel prices set to soar to 180p, with petrol also rising due to Middle East conflict.
Australia lacks a government-backed fuel stockpile, despite AI tools falsely claiming reserves are stored in the US.
Asia ramps up coal use amid energy shortages from Iran war, sparking climate warnings and calls for renewable investment.
New Zealand's government votes to resume oil and gas exploration, reversing a 2018 ban, sparking climate and environmental backlash.
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RecommendedOnly one JD Wetherspoon pub in London will open for England's 1am World Cup match against Mexico, despite a government U-turn allowing pubs to stay open until 5am.
A consortium led by billionaire Michał Sołowow plans to invest £35bn in 14 small modular nuclear reactors across three UK sites, powering 8m homes for over 60 years.
Thousands of UK households on heating oil are eligible for a £9,000 grant from July 21 to switch to heat pumps, reducing energy bills. The Boiler Upgrade Scheme grant increases by 20%.
Labour's 'keep calm' message on energy crisis criticised as experts warn of supply crisis and urge consumption cuts.
Watchdog criticises DWP plan to deduct benefit overpayments directly from bank accounts, warning impact on poorest has been understated.
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RecommendedWes Streeting proposes high-skilled immigration boost and using North Sea tax revenues to cut energy bills in Labour leadership bid.
E.ON Next's 'Watch and Wash' campaign urges football fans to run appliances during late-night World Cup matches to save on energy bills, potentially saving £230 a year.
Trump attacks UK over North Sea oil and green policies at Davos, claiming migration has made Europe 'unrecognisable'.
A £700m acoustic 'fish disco' at Hinkley Point C could save 90% of fish from intake pipes, according to a study by Swansea University.
Neso unveils scheme offering free or discounted electricity for weekend laundry to tackle surplus power supply, rewarding smart meter households.
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RecommendedNYC pilot uses plug-in batteries to power ACs during peak demand, cutting bills and grid strain for renters.
As the new Ofgem price cap takes effect on July 1, experts urge households to submit meter readings and secure fixed deals to avoid paying higher energy bills.
Leaving devices on standby could cost UK households £141 a year, study finds. Expert tips to cut energy waste.
A large ice block on the route above Everest base camp forces hundreds of climbers to delay their summit attempts due to instability and avalanche risk.
The cost to rewire Great Britain's electricity network could reach £89bn in the 2030s, 50% higher than pre-Labour forecasts, as the government pursues clean power targets amid rising demand.
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RecommendedFrom 1 July, households in Queensland, NSW and South Australia with smart meters can access three free hours of solar power daily through the Solar Sharer scheme, potentially reducing bills if usage is shifted to the free window.