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The UK's hospitality sector is struggling with soaring energy costs, prompting industry leaders to call upon regulatory bodies for intervention. The sector has requested that the Competition and Markets Authority (CMA) investigate the energy market, as they believe that small and medium-sized enterprises (SMEs) may have been overcharged. Kate Nicholls,...
The Importance of an energy procurement strategy Industrial manufacturers will face many issues in 2025, with energy costs being one of the biggest challenges. Why are energy costs such a big problem for industrial manufacturers Fluctuating market rates, evolving regulations, and complex contract structures mean that managing energy procurement can be both...
In the United Kingdom, electricity bills for businesses often include peak demand charges, which can significantly impact operational costs. Understanding these charges and implementing strategies to mitigate them is crucial for maintaining competitiveness and profitability. What are peak demand charges? Peak demand charges are fees levied by electricity...
