A study conducted by the US Energy Information Administration (EIA) has revealed that global energy use could potentially increase up to 50% between 2018 and 2050. The data also shows that developing Asian nations will be using up much more energy due to increasing demand.
Small energy provider iSupply have been sanctioned by Ofgem to pay a fine of £1.5 million, for overcharging customers for their energy and hiding it from the regulatory body.
The Cottam coal power plant owned by EDF in Nottinghamshire was switched off for the last time on 30 October.
The 2GW plant was commissioned in 1968 and was able to produce almost 500 terrawatt-hours of energy during its lifetime. That’s enough to supply the UK’s entire energy system for about eighteen months.
Small energy provider iSupply have been handed a fine of £1.5 million by energy regulator Ofgem, for overcharging customers and hiding it from the regulatory body.
The £200-million Yorkshire Energy Park at Hedon near Hull has been approved for construction. This park will include a power station, research centres, and an education campus in the East Riding of Yorkshire.
Leading UK challenger supplier Bulb Energy has witnessed a rise in its value over the past three years since 2016, after being set up in 2015.