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The past few years has seen a lot of turmoil in the global energy market, with prices skyrocketing due to many different factors. But as we are now in 2024, many are wondering: will energy prices finally come down? A Look at the global landscape While predicting the future of energy prices is difficult, some positive signs are emerging. Falling wholesale prices: After...
The UK energy sector is facing a potential crisis, with a recent report by the UK Sustainable Investment and Finance Association (UKSIF) revealing that a significant portion of companies are considering or have already moved their investments overseas. The report, released on February 26, 2024, highlights the concerns of energy firms regarding a lack of supportive...
The UK's largest trade union, Unison, is urging energy regulator Ofgem to take immediate action in response to the ongoing crisis of high energy prices for businesses. With the cost of living crisis continuing to grip the nation, there is further emphasises on the need for intervention to prevent businesses from drowning in debt. The union has called for a comprehensive...