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Blow out the light bulb. UK’s 7th largest energy supplier declares itself insolvent – Energy

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Blow out the light bulb.  UK's 7th largest energy supplier declares itself insolvent - Energy

The UK’s seventh largest energy supplier, Bulb, with 1.7 million consumers, today declared itself insolvent due to rising gas prices, starting a process that should include government intervention.

The company said in a statement that it asked to be handed over to “emergency management,” but assured customers that service would continue and rates would remain unchanged.

“The emergency administration is designed to protect the customers of a large energy supplier that has become insolvent,” he explained, adding that “the process of appointing special administrators has not been completed yet, but we hope they will be appointed soon.” Regulator Ofgem confirmed that Bulb “will continue to operate as usual” and that customers “will not experience service disruptions and their bills and rates will remain the same.”

If confirmed, Bulb will be the first company to benefit from an emergency management regime, during which the government provides funding to keep the company running until it is rescued, sold, or customers are transferred to other suppliers.

At the moment, about 20 energy suppliers that went bankrupt this year due to the crisis were small enough for consumers to be justified by a larger competitor.

Avro Energy, with about 580,000 customers, was by far the largest UK energy supplier to go bankrupt.

The rise in gas prices in recent months is the result of a number of factors, including a lack of supply in the UK, increased international demand due to the economic recovery from the pandemic, and reduced supplies from Russia.

“Wholesale prices have risen sharply and remain highly volatile,” said Bulb, which was founded in 2005 and has expanded to France, Spain and Texas in the United States.

See also  The electric car has arrived in Portugal and costs 9,990 euros.

Recently, news of the suspension of the approval process for the Nord Stream 2 pipeline between Russia and Germany has further pushed prices up, further putting pressure on companies in the sector.

There is currently a price limit. [‘price cap’] energy prices imposed by the UK government to avoid unfair tariffs that remain below cost for energy suppliers despite rising 12% on 1 October.

Regulatory authority Ofgem on Friday opened a public consultation and called for “proposals to ensure that the price cap reflects the costs, risks and uncertainties faced by energy suppliers.”

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Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

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Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

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The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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See how Tesla tests its electric Semi truck in the worst-case scenarios

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Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.


Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

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high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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