Britain’s energy price cap should be changed to become more reflective of the cost for suppliers to buy energy from the wholesale market, the boss of one of Britain’s biggest suppliers has said. The energy price cap is likely to cost the industry around £5 billion ($6.86 billion) over the next six months as customers…

Consumers in the UK were told on Sunday that they don’t need to worry about not having enough power this winter. Both the government and the energy industry reassured consumers that their lights will stay on during the energy crisis. It comes after nine smaller energy suppliers failed in September, and as energy-intensive industries such as the…

Shell Energy is to take on 255,000 former customers from Green, one of the latest in a raft of small energy supplier to fail over the past month. Energy watchdog Ofgem has had to find providers for more than 2 million energy customers over the past month after soaring natural gas prices drove the collapse…