The group of energy intensive industry bodies are set to lay out how even the largest companies with strong balance sheets are facing punitive costs to hedge their energy prices in the months ahead. It is no longer a matter of a handful of a few vulnerable businesses, two industry insiders told theThe impact of sustained highis so severe several companies are weighing temporarily closing operations in the weeks and months ahead.
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Energy price cap rethink sparks fears of higher bills🔴 Ofgem has opened the door to a major relaxation of energy price cap rules that could help prevent a wave of company bankruptcies but also remove protection for consumers from sudden bill hikes
Source: The Telegraph - 🏆 41. / 63 Read more »
Newspaper headlines: Warnings of a 'flu war' and 'new c-c-cold war'The papers cover concerns about flu deaths this winter and Russia's role in rising energy costs. I teach adults in a college....not looking forward to this winter of colds...coughs and sneezes. UK Summary Last updated on Thursday 7 October 2021 at 4:11pm Coronavirus (COVID-19) in the UK. Deaths within 28 days of positive test. Daily 122 Total Deaths 137,417 Cases. People tested positive. Daily 40,701
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Winter blackout risk in Great Britain rises after cable fireBlaze affecting vital subsea cable hits backup energy supply cushion, adding to industry troubles And why are we buying all this electricity off France? Becouse they have plenty to share as they invested in nuclear energy rather than the scam that is wind power. thanks Same warnings in Ireland but only because the Green Party leader ordered the closure of two power centres that rely on burning Peat. All to cut down on carbon emissions now the power grid is so overloaded there may not be enough electric meaning blackouts are on the horizon.
Source: The Guardian - 🏆 84. / 53 Read more »
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Source: The Mirror - 🏆 136. / 51 Read more »