Energy companies will face pressure to lower prices as wholesale costs tumble

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Wholesale electricity price drops nearly 50% but grid costs balloon after bushfires and a severe storm

Energy companies will face rising pressure to reduce consumer costs after the average wholesale electricity price fell nearly 50% in the year to March due to increasing solar and wind generation, falling demand and lower gas prices.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The sun does not require a bailout

It always goes up faster than it comes down

close

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Snøhetta completes world’s northernmost energy-positive building in Trondheim\u2018The energy sector and building industry accounts for over 40 per cent of global industry\u2019s heat-trapping emissions combined, according to the World Resources Institute\u2019, explain Oslo-based architects Sn\u00f8hetta.\u00a0\u2018As the world\u2019s population and consequences of the climate crisis continue to grow worldwide, we are challenged to think how to build...
Source: wallpapermag - 🏆 36. / 67 Read more »

British Gas owner needs more than cost-cutting and energy prices prayer | Nils PratleyEverything is going wrong at once. Sale of North American business may be only way out for Centrica When I was beans and toast is that natural gas or artificial gas? is that synthetic gas or organic gas? is that unleaded gas or, crude oil? perhaps, marijuana gas?
Source: The Guardian - 🏆 84. / 53 Read more »

Energy bills: Half a million to see bills rise next week - do you face £103 price hike?ENERGY bills are a regular outgoing which many people will often look to see whether they can cut down on. Now, billpayers are being warned that households will see energy bills increase by £50million from May 2020.
Source: Daily Express - 🏆 26. / 68 Read more »

Brits need three feel good ‘energy boosts’ a day to keep going including a cheeky flirtation, letter in the post and sexBRITS need three feel good ‘energy boosts’ a day to keep them going – including a cheeky flirtation, getting a letter in the post which isn’t a bill – and sex. A poll of 2,000 adults found pu…
Source: TheSun - 🏆 64. / 61 Read more »

British Gas owner needs more than cost-cutting and energy prices prayer | Nils PratleyEverything is going wrong at once. Sale of North American business may be only way out for Centrica When I was beans and toast is that natural gas or artificial gas? is that synthetic gas or organic gas? is that unleaded gas or, crude oil? perhaps, marijuana gas?
Source: The Guardian - 🏆 84. / 53 Read more »