Great Britain saw 80 hours of negative pricing in the first nine months of 2020 as instances of negative day ahead prices more than double across Europe. This is compared with 2019, with levels of negative day ahead prices in 2020 – which came in at 0.8% of the time on average – also being typically three to four times higher than between 2015 and 2018, according to new research from EnAppSys.
Current News 2nd Oct 2020 read more »
Households hit by the coronavirus crisis are likely to need government support to pay their heating bills this winter.
FT 5th Oct 2020 read more »
Millions of employees preparing to work from home this winter will face a collective hike of almost £2bn on their energy bills, and tougher working conditions, with only a “pittance” in compensation from their employers. Half the UK’s workforce is likely to work primarily from home over the coming months as they help to contain the spread of the coronavirus, and may see their winter energy bills rise by a fifth as radiators and boilers are kept running through the day. The average household energy bill could climb by £107 this winter for those working from home five days a week, according to a study by Energy Helpline, which would mean a £1.9bn hike for the energy bills of working households between October and March.
Guardian 4th Oct 2020 read more »