Higher energy bills mean councils across Wales have £200m less to spend in 2023/24, the Welsh Local Government Association (WLGA) said. There are fears this could affect jobs and resources in areas like schools and homeless services. The UK government has said it will cut councils’ energy costs for six months. Bills for UK businesses –…
With the conclusion of Cop26 in Glasgow, focus switches to how countries can quickly start delivering on commitments to reduce emissions over the coming decade. A report published earlier this year by a team of energy researchers at University College Cork highlights how Ireland’s ongoing energy transformation – which is necessary to meet our decarbonisation requirements for 2050…
The wave of price hikes is not set to abate before next spring, and ministers discussed a set of short-term measures that have been put forward by the European Commission to help consumers and businesses weather the shock. The main reason behind the sharp spike is increased global demand for energy, and gas in particular.…
Wind farms deliver almost a fifth of Britain’s electricity, but a freak anticyclone has hovered over Western Europe since mid-August, bringing calmer weather and low wind speeds, sapping power production. According to energy consultant Cornwall Insight, wind typically accounts for 18pc of the nation’s power mix, a share which has dropped to just 2pc in…
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.…
The PSO levy is paid by all electricity customers in Ireland and is used to support the renewable energy sector. Following a review of the PSO cost submissions, the CRU’s final calculation is that a PSO levy of €263.70 million will be required for the 2021/22 PSO year. This represents a decrease of €129.43 million…