Scottish Power, the supplier of energy belonging to the Spanish and the largest rival Ovo Energy began to hold exploratory talks of a merger that would create a company serving more than six million British households. Sky News has learned that the leaders of Iberdrola, who owns the Scottish power, and Ovo have embarked on … Read more
The Government has fun a renewable energy project of 25 billion sterling pounds which has promised to import enough solar and wind energy from Morocco to meet almost a tenth of the demand for electricity of the United Kingdom. Sky News has learned that Ed Miliband, energy security and net secretary Zero, decided not to … Read more
Tens of thousands of household energy customers have obtained payments after an examination of compliance found that they had been surfaced. The industry regulator said 10 suppliers had given payments for remuneration and good will to just over 34,000 customers. The total has reached around 7 million pounds sterling. Ofgem said that people affected, between … Read more
Sir Keir Starmer has strengthened his commitment to reducing household energy bills by £ 300 per year by 2030. The Prime Minister said Sky News’ political editor, Beth Rigby, that the figure is “what we conduct” and its Plan to build more nuclear reactors will help you. Live politics: The Chancellor reacts to the dark … Read more
Ovo Energy, fourth energy supplier from British households, has entered into an agreement of 150 million pounds sterling to acquire its brand from the founder of the company as part of a reorganization which should lead to an increase or a sale of capital . Sky News understands that OVO has accepted a non -monetary … Read more
In a grim escalation of the conflict, Russia has launched a new wave of missile and drone attacks against Ukraine, focusing specifically on the country’s energy infrastructure during one of its harshest winters. This latest offensive, which took place on Wednesday, saw Russian forces bomb various installations, notably in Ukraine’s western regions, with more than … Read more
As energy bills become more expensive starting Jan. 1, respected forecasters have said they could rise further in the spring rather than the fall as originally predicted. THE energy price cap increases from January, bringing the cost of a typical annual bill to £1,738 – £21 more per year than between October and December. Bills … Read more