Liz Truss blocks £15m ad campaign to help public save energy
Liz Truss has blocked a £15 million energy-saving public campaign which had been signed off by Business Secretary Jacob Rees-Mogg.
Liz Truss has blocked a £15 million energy-saving public campaign which had been signed off by Business Secretary Jacob Rees-Mogg.
National Grid has warned that there could be blackouts this winter if gas power plants are not able to keep running due to the energy crisis.
The first planned blackouts in decades might hit parts of the country this winter if power plants cannot get enough gas to keep running, the body that oversees Britain's electricity grid has warned.
As the energy price cap surges, a leading petroeconomist has painted a gloomy picture as the UK faces up to the prospect of winter without adequate energy supplies.
The UK is planning for several days over the winter when cold weather may combine with gas shortages, leading to organized blackouts for industry and even households.
A key UK power cable knocked out by a fire will stay partly offline until March, the National Grid Plc said, deepening the energy crisis threatening Britain as it heads into winter.
Brent oil resumed gains as the market assessed the fallout from the big freeze across Texas, with Goldman Sachs Group Inc. predicting prices will advance into the $70s in coming months.
Home heating systems shutting down. Hospitals facing water shortages. Oil refineries going offline.
Brent oil edged higher in Asia after closing at the highest in almost 13 months as a deepening energy crisis in the US disrupted crude production and forced the shutdown of some of the nation’s biggest refineries.
British electricity generators can expect a £1 billion windfall after a European Commission decision that could restart a controversial subsidy scheme which was accused of favouring fossil fuels.