Home energy Energy Procurement

Energy Procurement

Brits’ noses and bairns’ b*ms to be wiped clean, thanks to Octopus’ wind

Flexible renewables mega-developer Octopus has squirted ink onto paper, wrapping up a deal with paper-maker Kimberly-Clark, for supply of clean power from its Lanarkshire...

Ofgem cushions SoLRs’ costs with £1.8 billion, as generators seek £20 billion loan to...

Britain’s power and gas retailers have reportedly convinced D-BEIS in principle to draw up a loan scheme, granting them leeway to fight a potential...

Where’s Rishi? Energy leaders seeks Chancellor’s help to stave off rocketing bills

A group representing Britain’s energy suppliers and generators today predicted bills next year will rise by between 45% and 50%, and called today for...

Cornwall un-sunny on price cap: “Expect 46% rise for next summer, & winter 2022...

Analysts at respected consultants Cornwall Insight are forecasting the default price cap for home energy tariffs covering summer 2022 will shoot up to approximately...

Kwarteng to ‘refresh’ Energy Retail Market Strategy

Hard on the heels of Ofgem’s financial stress tests taking effect next month on UK retailers, the government has said it will review its...

Suppliers’ finances stress-tested from January, as Ofgem reacts to 2021’s slaughter

Energy retailers surviving this year’s cull of 26 suppliers to date must from January prove their financial strength to Ofgem's scrutineers, under today’s toughening...

Energy Garden London energises premium clothing brand

Energy Garden London, a network of 27 community energy projects, from next month will supply renewable electricity to two outlets of Patagonia, the upmarket...

Begorrah and be-Bezos! Amazon to off-take Ørsted’s wind power from Ulster turbines

A yet-to-be-built 16 MW wind farm at Ballykeel, Northern Ireland saw its business case gold-plated today, as developer Ørsted pledged to sell the planned...

Unknown pleasures: Solid-oxide generation yields low-carbon electrochemical volts for North West firms

An independent arm of DNO Electricity North West today announced collaboration plans with US partners to bring innovative behind-the-meter (BtM) generation to the region's...

Six Highlands hydro dams sold for £26.6 million

A total of 4.1 MW of hydro capacity across six Highland dams at least five years into their working lives changed ownership today, guaranteeing...

Investors’ sun splash for solar, as Octopus, Atrato and NESF flare big cash

Amid finally nippy autumnal weather, solar electricity in the UK today basked under the cool, clear skies of a continuing investment boom. As UK solar...

Speedster SSE accelerates Net Zero programme, commits £ 12.5 billion by 2026

Generator-retailer SSE pressed its pedal heavily to the environmental metal today, committing £12.5 billion from identified resources by 2026, on the way to attaining...

Crisis latest:  Wholesale gas & electricity prices trend upwards, as Social Energy Supply &...

Pressure on wholesale gas and electricity prices intensified this week, as two more exiting licensees brought this year's toll of failed UK power suppliers...

Orbit Energy heads Ofgem’s hunt for unpaid FiT levies

Ofgem has issued five suppliers with provisional orders compelling them to pay a total of £575,000 now for Feed-in Tariff (FiT) payments outstanding since...

MAST’s 9 MW Derbyshire back-up plant now serving Statkraft

Reserve power operator MAST Energy Developments has greenlit its first UK plant, the 9 MW gas-fired generator at Pyebridge, near Alfreton, Derbyshire, ready to...

Green hydrogen “cheaper now than grey” say analysts, as Getech eyes Shoreham as H2...

Soaring gas prices have rendered green hydrogen cheaper now in the UK than its grey, methane-based sister, analysts have claimed. London-based consultancy ICIS calculate that...

Shell moves single HQ to London, drops ‘Royal Dutch’

Fossil fuel supermajor Shell today announced proposals for its slimmed down structure, including a single headquarters and tax residence in Britain. Subject to approval sought...

Windel and Canadian Solar eye a further 1.5 GW of UK battery projects

For the second time in less than a year, British renewables developer Windel Energy and integrated module manufacturer Canadian Solar have teamed up to...

Holyrood consults on green H2, as bank warns world “50% short of electrolyser capacity...

The world will fall short by as much as half in the electrolyser capacity it needs to meet by 2030 the planet's green hydrogen...

Construction firm Multiplex to build own UK solar farm for dedicated PPA

International green building contractor Multiplex today pledged itself to the building of a new 15 MWp UK solar farm, as part of its plan...