energy prices

The Federal Energy Regulatory Commission’s (FERC’s) 2025 Summer Energy Market and Electric Reliability Assessment has forecast higher wholesale electricity prices this summer in most regions. The assessment, published May 15, notes that if normal operating conditions prevail, all regions of the country will have adequate generating resources to meet expected summer demand and operating reserve […]

Centrica, the major UK utility and the biggest supplier of energy to British homes, on June 11 said it would cut 5,000 jobs as part of a cost-cutting effort. CEO Chris O’Shea, who took over the company three months ago, said he also wants to simplify the utility’s business model. The company Thursday said the […]