Mary Wilson
Well-known member
Tuesday 16 November 2021 18:33, UK
Regulator Ofgem said Neon Reef, which has around 30,000 domestic electricity customers, and Social Energy Supply, which supplies about 5,500 households, had ceased trading.
It brings to 21 the number of UK suppliers that have gone bust since the start of September after the price of buying gas on the wholesale market surged.
... Prices were spiking across Europe again on Tuesday as Germany's energy regulator suspended the approval process for Nord Stream 2, a major new pipeline bringing Russian gas into Europe.
The project has faced stiff opposition from the US, which says it will make Europe too reliant on Russian gas and sideline Ukraine, which has traditionally been the main route for it.
https://news.sky.com/story/energy-c...-gas-price-spike-12470154?dcmp=snt-sf-twitter
Regulator Ofgem said Neon Reef, which has around 30,000 domestic electricity customers, and Social Energy Supply, which supplies about 5,500 households, had ceased trading.
It brings to 21 the number of UK suppliers that have gone bust since the start of September after the price of buying gas on the wholesale market surged.
... Prices were spiking across Europe again on Tuesday as Germany's energy regulator suspended the approval process for Nord Stream 2, a major new pipeline bringing Russian gas into Europe.
The project has faced stiff opposition from the US, which says it will make Europe too reliant on Russian gas and sideline Ukraine, which has traditionally been the main route for it.
https://news.sky.com/story/energy-c...-gas-price-spike-12470154?dcmp=snt-sf-twitter
