UK energy regulator Ofgem has announced plans to increase the energy price cap for consumer bills by 42%. The cap currently sits at £1,971 per month, and will rise to around £2,800 from October, marking the largest increase since the cap’s outset in 2014. Ofgem also announced that it hopes to review the cap once every three months, rather than the six month frequency that is currently followed. Siemens Energy has launched its long-awaited bid of $4.3 billion to take full control of its wind turbine venture Siemens Gamesa, building on its current 67% stake. Like its competitors, Siemens Gamesa has struggled to turn a profit over recent quarters, struggling with sharp increases in the cost of steel and other…