Energy efficiency in the industry is key to 'lower electricity prices'

BEAT THE ENERGY PRICE CAP INCREASE - SWITCH NOW!

 
The price cap is set to rise by £117 – switch supplier to cut your bills by up to £447* & the chance to win a Fitbit (T&Cs apply).

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

* Between 1 Jul 2018 and 31 Dec 2018, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £447 or more.

The G8 countries should be pushing for a regulatory framework for renewable energy to ensure firms move ahead with carbon trading.

European energy commissioner Andris Piebalgs has called for an ambitious agreement on carbon trading to be put forward at the UN Climate Change Conference in Copenhagen this December – a move that could reduce the cost of renewable electricity for consumers.

Mr Piebalgs said: "Our main tool to drive the energy sector towards a low-carbon system is the price of CO2 in an open market.

"We have also provided a clear regulatory framework to promote renewable energy sources and energy efficiency."

He added that the European Commission is also trying to increase the amount of research into carbon emission reduction technologies.

Meanwhile, Europe's biggest liquefied natural gas terminal was opened by the Queen this week, causing industry experts to speculate that the cost of the fuel will come down.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.


Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more