As prices soar, Britain is poised on Thursday to join other countries in tightening control of gas and electricity markets, reversing years of free-market policies.
Tag: Electric Light and Power
-
E.U. Weighs Russian Gas Price Cap Amid ‘Astronomic’ Energy Prices
The bloc is also considering mandatory cuts in electricity use and taxes on oil and gas companies.
-
California Narrowly Averts an Electricity Crisis Amid Scorching Heat
Temperature and energy use records shattered on Tuesday as power grid officials begged homeowners to turn down their air-conditioning.
-
As Russia Chokes Europe’s Gas, France Enters Era of Energy ‘Sobriety’
The government is helping residents with soaring gas and electric costs, but some businesses are already shutting down amid fears of rationing and blackouts.