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Covid impact on demand puts pressure on electricity prices

What will happen to electricity prices in the aftermath of the coronavirus pandemic? And what can users do to prepare for the impacts? These...

“The time is now”

Scottish Power’s Danny Parr on the need to step up the energy transition. Among the changes brought about by the Covid-19 crisis, there is a...

CMA tells water companies ‘manage your energy bills’ as it rejects option to recoup...

A decision by the Competition and Markets Authority (CMA) will force major energy buyers in the water sector to take a more active approach to...

Total acquires Ørsted’s UK B2B customer portfolio

Total has signed an agreement to purchase the majority of Ørsted’s UK business to business gas and electricity customer base.  Total has agreed to...

After Bristol Energy, Yü CEO eyes more buys

Yü Group CEO Bobby Kalar is planning more acquisitions, having taken on Bristol Energy last month. The firm’s share priced climbed 20 per cent in...

Balancing services task force: Everyone should pay based on power consumption

All final demand customers should pay grid balancing charges that are based on a set £/MWh basis, according to the Balancing Services Charges Task...

John Lewis Partnership and Engie ink major PPA, energy services deal

The John Lewis Partnership has signed a major energy services and supply deal with French utility Engie. The three-year contract covers clean energy supply, including...

Clean power, PPAs, greener gas: Sign up here for free expert procurement webinars

The Energyst is hosting a series of expert webinars next week, covering everything industrial, commercial and public sector organisations need to know about energy...

Robin Hood Energy sold to Centrica

Nottingham City Council-owned Robin Hood Energy has been sold to Centrica. Some 250 staff have been told they face redundancy, according to the Nottingham...

Simic Atlantis share price soars on Uskmouth debt finance framework

Simec Atlantis has seen its share price soar in early trading after striking a financing deal with South Korea's Hana Financial Investment (HFI) for...

TPI warns fixed energy contract prices set to soar

Fixed energy contract prices for industrial and commercial businesses are set to soar – and are likely far less ‘fixed’ than consumers believe, an...

Npower doubles Eon’s UK sales, 5,000 job cuts loom, b2b sale undecided

Eon doubled UK energy sales in the first half of the year despite the impact of Covid-19, thanks to the inclusion of innogy operations,...

Auditors issue damning report on Robin Hood Energy

Auditors Grant Thornton have issued a damning report on the political and leadership failings that have left Robin Hood Energy’s future in the balance. The...

Yü acquires Bristol Energy’s business customer book

Yü Energy has acquired Bristol Energy's business customer book, some 4,000 meter points, following a competitive tender. Bristol City Council is also seeking a buyer...

Simec Atlantis breaks Uskmouth into two phases, eyes data centre build

Simec Atlantis intends to break its 220MW Uskmouth coal conversion project into two 110MW phases. The firm said it had made the decision after talking...

Inspired plans £35m fundraise to buy rest of Ignite, eyes more deals

Inspired Energy plans to raise up to £35m to acquire the rest of Ignite and take advantage of market conditions to make further buys. The...

Smartest Energy signs PPA for 42MW Newhurst EfW plant

Smartest Energy has signed what it claims is one of the largest power purchase agreements to date in the energy-from-waste sector. The Marubeni-owned firm has...

Drax faces threat of strike vote over redundancies

Drax is facing the prospect of a workforce vote for its first ever strike, over allegations of ‘bad faith’ surrounding more than 200 compulsory...

Simec Atlantis waste-to-energy burn tests “couldn’t have gone better”

Mitsubishi Hitachi Power Systems says industrial burn tests of the waste-derived pellets to Simec Atlantis plans to use at Uskmouth Power station "couldn't have...

SSE business energy slumps to loss as bad debt bites

SSE’s business energy division slumped to an £18.5m loss for the year to 31 March, down from £51.6m profit the prior year. Electricity sales to...