• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, May 23, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Extractives/Energy

Blackouts to hit six million Homes in the UK

Maynard Championby Maynard Champion
May 30, 2022
Reading Time: 3 mins read
power

As many as six million British households are at the brink of facing blackouts this winter in case of a gas shortage, per a Sky News report, which cited government modeling of energy fundamentals in the coming heating season.

Based on the modelling, the blackouts come under a worst-case scenario with gas supply shortages in winter if Russia cuts off more supplies to the EU. This involves limits being placed on industrial gas consumption, the report noted. The blackouts would be the result of gas supply rationing to gas-fired power plants.

The energy crunch that began last September has led to a major cost-of-living crisis in the UK, leaving the government scrambling to find a solution while electricity bills soar and are about to soar even more in the fourth quarter.

Focused on protecting consumers from excessively high prices, the UK authorities have installed an energy price cap. However, this price cap was raised substantially this spring to reflect the price context of the energy market. This automatically pushed higher the bills for several million households by 54 per cent.

ADVERTISEMENT

Currently, bills are about to rise by another 42 per cent when, rather than if, the energy market regulator raises the energy price cap in October 2022. The cap is now at $2,461 (1,971 British pounds) a year, but is likely to rise in October to $3,496 (2,800 British pounds) a year, Ofgem’s chief executive officer Jonathan Brearley said earlier this month.

The cost of living crisis “is going to get truly horrific” in October 2022, when the twice-yearly-adjusted price cap is set to spike again, Keith Anderson, chief executive at one of the largest providers, ScottishPower, told a Parliament committee last month.  

“We are seeing an uptick now, but it will get worse—a lot worse—without any further intervention, come October,” Chris O’Shea, CEO at British Gas owner Centrica, told the same committee.  

million
Image Credit: Getty Images

   UK Gov’t Fully Prepared for any Scenario

A spokesperson for the Department of Business, Energy, and Industrial Strategy said, as quoted by Sky News, that the UK “has no issues with either gas or electricity supply, and the government is fully prepared for any scenario, even those that are extreme and very unlikely to pass.”

“Thanks to a massive £90bn investment in renewable energy in the last decade, we have one of the most reliable and diverse energy systems in the world, and unlike Europe, we are not dependent on Russian energy imports.”

Government Spokesperson

Business Secretary Kwasi Kwarteng has approached the owners of Britain’s coal-fired power stations in Drax, Ratcliffe and West Burton to delay their planned closures in September. A government spokesperson is cited to have said that the request was made owing to the Russian invasion of Ukraine.

“It is only right that we explore a wide range of options to further bolster our energy security and domestic supply- bringing down costs in the long-term,” according the spokesperson said.

“While there is no shortage of supply, we may need to make our remaining coal-fired power stations available to provide additional back-up electricity this coming winter if needed. It remains our firm commitment to end the use of coal power by October 2024.”

Government Spokesperson

READ ALSO: Develop cost-effective climate-smart technologies for farmers- AICCRA to Scientist

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: costgasPowerRussiaUK
Share1Tweet1ShareSendSend
Please login to join discussion
Previous Post

Government Releases GHS50m to the NHIS 

Next Post

US Will not Send Ukraine Rockets that can Reach Russia- Biden

Related Posts

Minister of Energy and Green Transition, Hon. Dr. John Abdulai Jinapor
Extractives/Energy

Minister Energy Projects Ghana Oil Production Rebound This Year

May 23, 2026
ECG
Extractives/Energy

ECG Announces Temporary Power Outages for Batsonaa Substation Upgrade Works

May 23, 2026
Mr. Hamis Ussif, GNPC’s Deputy Chief Executive for Finance, Commercial and Administration,
Extractives/Energy

GNPC Promotes Ghana’s Upstream Oil Investment Potential At OTC 2026

May 22, 2026
Ghana Biennial International Summit and Exhibition (GH-BISE) participants
Extractives/Energy

PHDC Proposes Pension Funds for African Energy Infrastructure Development

May 22, 2026

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Recent News

President John Dramani Mahama

President Mahama Unveils Major Infrastructure Boost for Savannah Region

May 23, 2026
President John Dramani Mahama

“This Must Be Ghana’s Last IMF Bailout” — Mahama Declares End to IMF Dependency

May 23, 2026
Minister of Energy and Green Transition, Hon. Dr. John Abdulai Jinapor

Minister Energy Projects Ghana Oil Production Rebound This Year

May 23, 2026
Dr. George Asafo-Agyei, GIPC’s Director of Monitoring and Evaluation, at the Business Forum in Accra

Ghanaian Businesses Urged To Expand Via Mauritius Route

May 23, 2026
Dennis Miracle Aboagye, The Director of Communications for the Bawumia Campaign Team

We Are All Hypocrites In This Country — Aboagye

May 23, 2026
Next Post
US President, Joe Biden

US Will not Send Ukraine Rockets that can Reach Russia- Biden

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address