Aug 13 2021

U.K. Energy Price Cap to Increase by GBP139 This Winter as Gas, Power Prices Soar

The energy watchdog said the increase will affect 15 million U.K. customers between October 2021 and March 2022. Around 11 million households on default tariffs paying by direct debit will see a GBP139 increase, to GBP1,277, compared with the summer 2021 price. Four million prepayment customers will see a GBP153 raise, to GBP1,309, it said.…

Moneypoint Compensator
Aug 13 2021

Work on €50m energy project at Moneypoint to begin within weeks

Work on a new state-of-the-art energy stabiliser will begin in Moneypoint Generating Station in the coming weeks. The €50m synchronous compensator is a key aspect of the ESB’s multi-billion Euro Green Atlantic development. The new compensator will be the first in the country and will incorporate the world’s largest flywheel used for grid stability. Due…