UK Gas Price Surge Forces Key Industrial Sites To Close
Two industrial sites that produce a combined 40 percent of the UK’s fertiliser have been forced to halt operations due to recent record gas prices. The Times reported that CF Continue Reading
British food industry demands government action over CO2 shortage
Britain’s food industry called on the government to subsidize carbon dioxide (CO2) production during a spike in gas prices or risk the collapse of the country’s meat industries. A surge Continue Reading
Europe’s Energy Crunch Is Forcing U.K. Factories to Shut Down
WATCH: Natural gas and energy prices in Europe have been continuing their record-breaking run. Europe’s energy crunch has forced a major fertilizer maker to shut down two U.K. plants, the Continue Reading
British Among Hardest Hit as Living Costs Rise During Pandemic
Montagne Says Economy Needs to Plan Ahead Central bankers worldwide are weighing the probability of higher inflation. Consumers around the world say they are already feeling the pinch. About 40% Continue Reading
UK power prices soar after key cable hit by blaze
The fire at the National Grid site broke out just after midnight on Wednesday A key electricity cable between Britain and France has been shut down, sending wholesale energy prices Continue Reading
British government to start booster shots for 30 million people next week
The British government on Tuesday announced a Plan A and a Plan B for getting through the challenging autumn and winter months in the face of a stubborn pandemic driven Continue Reading
Fire at Key U.K. Power Converter Knocks Out Link to France
A large fire at a key electricity converter station in the U.K. has shut down a major cable that brings power from France, worsening Britain’s energy crunch. Gas and power Continue Reading
Britain announces biggest auction round in renewable energy scheme
The British government announced on Monday the biggest auction round of its renewable energy scheme, hoping to build up enough extra offshore wind capacity to power about 8 million homes. Continue Reading
Spread of ‘Delta’ COVID-19 knocks wind out of UK economy in July
Britain’s economy unexpectedly slowed to a crawl in July as the Delta variant of COVID-19 spread rapidly after lockdown restrictions were eased and as a ‘pingdemic’ kept many workers at Continue Reading
UK Power Prices Soar To Records On High Gas Price, Lack Of Wind
High natural gas prices and low wind speeds have created a perfect storm for the day-ahead power prices in the UK, which hit a new record on Wednesday, beating the Continue Reading