Investment
Features
FeesSafety
Academy
More
Pluang+

UK plans to decouple electricity and gas prices, hitting SSE and Centrica shares hard

Market News
17 Apr 2026
Proactive Investors
View Source
Bearish
pluang ai news

Shares of UK utilities SSE and Centrica dropped sharply after Chancellor Rachel Reeves announced plans to separate electricity prices from gas prices. Currently, gas-fired power plants set wholesale electricity prices, causing consumer bills to rise with gas costs even for non-gas power sources. The proposed reform aims to better reflect electricity production costs and could reduce profits for these companies. Further details on the policy are expected soon, signaling a major shift in the UK energy market.

More News

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...

Market News
Bullish
1 hour ago
IQSTEL reports 59% revenue growth in H1 2026, eyes $500M annual run rate post-Ultranet acquisition

IQSTEL reports 59% revenue growth in H1 2026, eyes $500M annual run rate post-Ultranet acquisition

IQSTEL Inc. announced preliminary net revenue of approximately $207 million for the first half of 2026, marking a 59% increase from $130 million in the same period of 2025. The company expects to complete its acquisition of Ultranet this quarter, whi...

Company Fundamentals
Bullish
4 hours ago
XRP Ledger hits 8M activated accounts as whale wallets buy 70M XRP amid growing tokenization and payment use.

XRP Ledger hits 8M activated accounts as whale wallets buy 70M XRP amid growing tokenization and payment use.

The XRP Ledger has surpassed 8 million activated accounts, signaling increased global adoption for sending and managing blockchain assets. This milestone coincides with whale wallets accumulating 70 million XRP in the past week, indicating strong dem...

Protocol Fundamentals
Bullish
4 hours ago
Chipotle launches $1M burrito giveaway during July 19 soccer final with a fun hydration break game.

Chipotle launches $1M burrito giveaway during July 19 soccer final with a fun hydration break game.

Chipotle is launching a $1 million burrito giveaway during the international soccer tournament final on July 19. During the second official hydration break, viewers can participate in a game on Chipotle's Instagram by tracking a lemonade-filled cup a...

Market News
Bullish
4 hours ago
Synapticure launches virtual care program for adults with ataxias, improving access to expert neurological care nationwide.

Synapticure launches virtual care program for adults with ataxias, improving access to expert neurological care nationwide.

Synapticure has introduced a virtual ataxia care program to provide specialized neurological care for adults living with ataxias, a group of disorders causing coordination and motor function loss. Partnering with Biogen for awareness, the program off...

Others
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App