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...
BP: leaves oil in ground, prepares for £80/t carbon price by 2030
BP today became the first global oil giant to accept hydrocarbon reserves must remain unexploited, if the firm is to survive. It's also preparing...
Covid-19 and energy contracts: Making volume tolerance clauses interesting
Catalyst Commercial Services CEO, Chris Hurcombe, discusses Covid-19's impact on business energy contracts - and how volume tolerance clauses could prove costly, if enforced.
The...
Centrica axes 5,000 jobs
Centrica is to cull a further 5,000 jobs this year, including around 20 top-level directors.
New CEO Chris O'Shea is attempting to curb heavy losses...