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The average household energy bill will rise by £94 a year from January after Ofgem increased its price cap in response to rising wholesale prices.
MSP kWh is the amount of electricity consumed at the 'meter supply point', which is the customer's meter. GSP kWh is obtained by multiplying the MSP kWh by the Line Loss Factor (LLF, a figure > 1) to include the amount of electricity lost when it is conducted through the distribution network, from the 'grid supply point' to the customer's meter.
In 2017, the UK's renewable energy contribution to the total primary energy supply (TPES) was 9.7%, closely aligning with the International Energy Agency's (IEA) average of 9.9% for the same period. Moreover, renewables accounted for 29.6% of the UK's total electricity production, surpassing the IEA's average of 24.6% for electricity generated ...
Energy price cap falls below £2,000 for first time in over a year but households still face high bills
The Big Six were the United Kingdom's largest retail suppliers of gas and electricity, who dominated the market following liberalisation in the late 1990s. By 2002, six companies – British Gas, EDF Energy, E.ON, RWE npower, Scottish Power and SSE – had emerged from the 15 former incumbent monopoly suppliers (the 14 regional public electricity suppliers and British Gas).
The price cap will increase from £1,568 for a typical household to £1,717 from October 1.
This is a list of electric generation, consumption, exports and imports by country. Data are for the year 2021 and are from the EIA. [1] Figures are in terawatt-hours (TWh). Links for each location go to the relevant electricity market page, when available.
Charities have reacted angrily to the rise while the boss of Octopus has suggested pensioners struggling to heat their homes should consider using electric blankets ...