Energy Industry News

HOW TO COMPARE ENERGY SUPPLIERS TO FIND A BETTER DEAL

Have you ever stopped to consider why you’re with your energy supplier in the first place? Is it because your friend convinced you to choose them? Or maybe it was the first Watt energy supplier that appeared on Google? Many households fail to realize that the reason why they’re spending so much on their electricity …

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WHICH UK ENERGY SUPPLIERS HAVE GONE BUST?

As of February 2021, two energy suppliers in the United Kingdom have already gone bust. This has forced more than 400,000 British households to seek alternative utility suppliers. For most consumers, news of energy suppliers going bust can be worrisome. What if their energy supplier will be the next to go out of business? Who will …

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ENERGY SUPPLIERS IN THE UK WITH SMART METERS

A nationwide roll-out has obligated energy suppliers to provide each household in Great Britain with a smart meter by mid-2025. But what, exactly, is a smart meter, and what does it do? Everything you need to know about smart meters is below: What is a Smart Meter? A smart meter is an advanced meter that …

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HOW TO IMPROVE ENERGY MANAGEMENT IN YOUR WORKPLACE

There is one thing that every organization has in common: they all want to minimize their energy consumption in order to reduce the costs for business utilities. By making small changes around the workplace, you can significantly cut operation costs and ultimately make a difference in the globe’s fight against climate change. Not quite sure where …

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OFWAT WANTS INPUT REGARDING MITIGATION OF COVID-19’S IMPACT ON BUSINESSES

The Covid-19 pandemic and its impact are being felt all over the globe. UK’s economy has been severely impacted by it. The Government has been making numerous forms of financial support available to all types of businesses. Ofwat, UK’s water regulator, sought input for mitigating the impact that coronavirus is having on businesses. It has …

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GAS PRICES FALL, BUT MAJOR UK SUPPLIERS NOT PASSING ON SAVINGS TO CUSTOMERS

A sharp decrease in gas prices The wholesale prices fell due to the reduction in commercial and industrial demand because of the coronavirus pandemic. The ongoing price-war between Russia and Arabia further brought down oil prices. In the words of Matt Clemow, who is the CEO of Igloo Energy Covid-19 has had a significant impact. …

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HOUSEHOLD ELECTRICITY BILLS SET TO SOAR DUE TO LOCKDOWN

As the lockdown measures to combat the Covid-19 become more stringent, people are spending virtually all their time indoors. Analysis from energy firms has revealed that the consumption of home energy has seen a 30% increase, especially around midday. Working from home and the overall decreased electricity demand With schools closed and most of the …

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90% OF SCOTLAND’S POWER DEMAND COVERED BY RENEWABLES, ‘MORE CAPACITY COMING’

As of March 2020, 90% of the electricity in Scotland is generated through renewable sources. This is after a 14% increase from the year-on-year numbers. This is an impressive figure- but that is not all. Scotland also has a target to get to 100% within this year, and that may just happen. Scotland’s target to …

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NEW YLEM ENERGY PLANT COMES ONLINE

Ylem Energy Ltd. recently announced the commencement of operations at its new energy generation plant. This energy plant from the UK’s leading company in the sector of flexible energy would be operating on their latest natural-gas fueled generation technologies. Ylem Energy has been in the sector since 1990. In its 25 years of operation, it …

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