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Energy Procurement

The winter that never came to be

Just like the market, if you took a random walk into any energy consultancy or brokerage last year, your efforts in gauging the market...

ESB takes 75% control of So Energy

Irish state-owned electricity provider ESB has acquired a controlling 75% stake in rising energy supplier So Energy. The So Energy brand will be retained and its...

Transforming the energy investment market

Dare, a London based energy tech company using the power of data, analytics and trading expertise to support the energy transition, has been launched...

When fixed doesn’t mean fixed

Pozitive Energy customers with fixed price tariffs were surprised this week to receive a letter from the supplier announcing a price rise. This has...

Ofgem names best and worst home energy suppliers for first time

Energy regulator Ofgem has published the latest results of its annual Energy Consumer Satisfaction survey. For the first time it names the best and...

WORLD EXCLUSIVE: Another massive earthquake slashes 30% off power from China’s No.2 and No.3...

A reported 30% plummet in electricity output at two sister dams to China’s Three Gorges complex– at 22.6GW, the world’s biggest power plant of...

UK-based Fuse Energy passes $300M in annual recurring revenue… and its not AI

As the tech industry obsesses over AI, Fuse Energy has arguably become one of Europe's fastest-growing startups by tackling a challenge every UK household...

EDF appointed by Ofgem to supply customers of Green Network Energy

EDF has stepped in to help customers left without a supplier after Green Network Energy ceased trading on 27 January 2021. The supplier will take...

Ørsted exits mid-market to focus on 30GWh+ corporates

Ørsted will no longer pursue SME and mid-market customers, focusing its energy supply business instead on large industrial and commercial businesses that use at...

O’Kelly takes the helm at British Gas Energy

Catherine O’Kelly has been announced as the incoming new managing director of British Gas Energy.  Returning from maternity leave, she will take up the...

CMA formally approves National Grid’s purchase of WPD 

National Grid’s £7.8 billion acquisition of Britain’s largest electricity distribution business has won formal approval from the competition watchdog. The Competition and Markets Authority announced...

Kraken enters Nordics

Norlys, Denmark’s largest integrated energy and telecommunications group, selects Kraken for its energy billing and customer service for Danish consumers. Norlys will adopt Kraken’s AI-powered...

Drax sells SME business, Opus Energy Group, to EDF

Drax has reached agreement for the sale of up to 90,000 Small & Medium-sized (SME) customer meter points from Opus Energy Group Limited (Opus)...

Power market volatility at the highest for at least 13 years

Extreme price movements have been seen across commodity markets in 2021, with current power market volatility at the highest for at least 13 years. In...

Octopus seeks Suomi wind and solar amid Northern lights

Fast-growing green power investor Octopus Renewables Infrastructure Trust (ORIT) is deepening its commitment to Finland. Founded in 2010, the trust boasts generation assets across Europe...

Today’s utilities tomorrow: the path to the utility of the future

What will the electric utility of the future look like? This seemingly abstract question is being asked across boardrooms worldwide today as the electricity...

Triple Point Energy Efficiency Infrastructure: £108m of near-term storage secured

Green investor Triple Point Energy Efficiency Infrastructure is eying portfolio expansion of over £560 million. In a trading statement to investors today John Roberts, chairman...

What’s affecting gas and electricity prices at present?

Over the past year fundamentals effecting the wholesale energy market have changed drastically with weather, LNG supply, Brexit and COVID-19 at the forefront. Back...

EDF’s 12% hike leads suppliers’ response to Ofgem lifting price cap

EDF has leapt first at the starting gun fired for energy retailers two weeks ago, when Ofgem lifted its cap on regulated home tariffs.. The...

Empowering the Grid Accelerating the Energy Transition Through Power Purchase Agreements

Maximise the Environmental and Economic Impact of Your PPA by downloading a new report, Empowering the Grid Accelerating the Energy Transition Through Power Purchase...