Tag: UK energy crisis

UK Launches ‘Comprehensive’ Probe Into British Gas Over Forced Prepayment Meter Installations

February 22, 2023
British GasBusiness & Marketscost of livingenergyenergy povertyOfgemUKUK energyUK energy crisisWorld
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The UK’s energy regulator Ofgem has announced a “comprehensive, independent, and wide-ranging review” into British Gas after the firm’s subcontractors were revealed to be breaking into homes to fit prepayment meters. According to a report by The Times of London, some British Gas customers—including some who were disabled or mentally ill—had pay-as-you-go meters forcibly installed…

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UK Opens ‘Comprehensive’ Probe Into British Gas Over Forced Prepayment Meter Installations

February 22, 2023
British GasBusiness & Marketscost of livingenergyenergy povertyOfgemUKUK energyUK energy crisisWorld
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The UK’s energy regulator Ofgem has announced a “comprehensive, independent, and wide-ranging review” into British Gas after the firm’s subcontractors were revealed to be breaking into homes to fit prepayment meters. According to a report by The Times of London, some British Gas customers—including some who were disabled or mentally ill—had pay-as-you-go meters forcibly installed…

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UK Power Prices Surge Amid Collapse of Wind Power

November 29, 2022
Business & MarketseconomyenergyEuropeeurope energy crisisinflationOffshore Wind PowerUKUK energy crisisUK wind farmswind powerWorld
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A sudden fall in wind output triggered a spike in power prices in the United Kingdom, the world’s second-largest market for offshore wind power. At the Epex Spot SE, some hourly power contracts rose above £1,200 ($1,445.92) per megawatt-hour on Tuesday, according to Bloomberg. Power prices for the 7:30–8:00 p.m. slot on Monday traded at…

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