The Latest Breaking News on Energy

The average household's yearly bill will rise from £1,971 to £3,549

First Minister Nicola Sturgeon has spoken out against the rising price cap which Ofgem announced this morning would rise by 80 per cent - leading to the average yearly bill to hit £3549 and around £295.75 per month.

Firm blames war in Ukraine and ‘heightened geopolitical tensions’ which have ‘resulted in sustained and unprecedented increases in wholesale energy costs’

SSE last increased its prices in May when it hiked the unit price of its gas by 39% and its electricity by over 30%.

Russian forces occupy Europe’s largest nuclear power plant, the Zaporizhzhia Nuclear Power Station in the Ukrainian city of Enerhodar. Russian and Ukrainian forces are fighting nearby, and shelling has damaged power and communication lines to the plant, prompting fears for the plant’s safety and evoking painful memories in a country…

Earlier this week, Chancellor Nadhim Zahawi said people should continue using as much gas and electricity as they want

The price cap for the average household is already increasing by 80% to £3,549 for the three months starting in October

Investors are piling into solar energy stocks and other green companies, thanks to the recently passed Inflation Reduction Act.

JAKARTA: Indonesia may raise heavily subsidised fuel prices by 30% to 40% to manage fiscal pressure from a ballooning subsidy budget, lawmakers from President Joko Widodo’s ruling coalition government told Reuters on Friday.

Blaze at Portovaya plant visible from neighbouring Finland amid fears for climate impact

The Russian-occupied Zaporizhzhia nuclear power plant resumed electricity supplies to Ukraine on Friday after two of its six reactors were reconnected to the Ukrainian grid, state nuclear company Energoatom said.