MARKET REPORT: Slump in electricity demand shocks Centrica’s shares

The slump in demand for electricity has been worse than previously thought and could knock British Gas owner Centrica hard, according to analysts at Jefferies. The utility giant was among the biggest fallers on the FTSE 100 after the US investment bank downgraded its stock from ‘buy’ to ‘hold’, slashed earnings forecasts by a third … Read more

Hydrogel patch for phone batteries converts waste heat to electricity

Scientists develop new regenerating hydrogel that can cool overheating phones and computers and convert waste heat into electricity  Thin hydrogel film straps to phone batteries to convert waste heat to electricity  The new polymer-based film transfers electrons when heated to generate power  Water inside the hydrogel then evaporates to cool the patch has a cooling … Read more

Coronavirus UK: Wind farms may shut as TOO MUCH electricity

National Grid may pay wind farms to SHUT DOWN as demand for electricity drops 20 per cent during pandemic with offices, schools and factories closed The National Grid predicts electricity demand could fall by up to 20 per cent Homes are using more electricity but industry is using significantly less  Too little demand can cause … Read more

Government pushes for greener businesses as taxes raised for gas bills but frozen for electricity

Government pushes businesses to go greener as taxes are raised for gas bills – but frozen for electricity rates Chancellor announced in the Budget that gas levies will rise  Changes will come into effect in April 2022  Electricity is better for the environment than gas – but is currently taxed more  By Grace Gausden For … Read more

Humberside tractor driver, 32, dies crashing into electricity ‘pylon’ on farm – causing power outage

Tractor driver, 32, dies when he crashes into electricity ‘pylon’ on farm and knocks out power to 2,000 homes Tractor driver, 32, is believed to have collided with a electricity ‘pylon’ Emergency services were called to the old Killingholme airfield, Humberside where the man was found to have died Northern Powergrid announced the incident left 2,000 homes … Read more

Heartwarming moment monkey is cuddled by its friend after being rescued from an electricity pole

Heartwarming moment dazed monkey is cuddled and comforted by its friend after being rescued from an electricity pole in India Footage taken on February 28 captures the animal stranded on top of utility mast The monkey’s friend seems concerned, pacing on the roof of a building opposite Staff from the local power department used a … Read more