Opus and Haven Power bolster Drax bottom line
Profits from energy sales to SMEs and corporates boosted Drax's full year earnings.
The company, which is transitioning from Europe's largest coal-fired power plant to...
BP’s Richard Hookway to lead Centrica Business
Richard Hookway will become chief executive of Centrica Business from December, taking over from Mark Hanafin, who announced his retirement in July.
Hookway joins from...
London calling for £500m energy contract
This spring, the London Energy Project will launch a tender for up to £500m worth of energy per annum for public buildings and street...
North East energy supplier launches carbon neutral gas
North East-based energy supplier Green has launched a ‘carbon neutral’ green gas offering.
In addition to already supplying their members with 100% renewable electricity, Green’s...
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...
Ofgem appoints Scottish Power to take on customers of Yorkshire Energy
Ofgem has appointed Scottish Power to take on supplying Yorkshire Energy’s (also known as Daisy Energy) 74,000 domestic customers and a small number of...
Northern Gas and Power appoints senior hire to focus on global energy strategy
Northern Gas and Power (NGP), part of Global Procurement Group (GPG), has appointed Latif Faiyaz as Head of Flexible Purchasing and Energy Strategy, a...
Drax targets 80% British sourcing of ‘world’s biggest’ BECCS project
Pellet-burning behemoth Drax is offering British suppliers the chance of contracts it values at ‘hundreds of millions of pounds’, in its bid to build...
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...
When is a good time to lock in energy prices?
Cielo Energy provides businesses of all sizes with expert commercially focussed consultancy advice and support on the energy market. We work with companies from...
Utilidex and Eneco partner together to deliver a cloud-based complex billing platform
Eneco, is an international energy company that supplies customers in the Netherlands, Belgium, Germany, and UK with 100% renewable energy. Utilidex offers a platform...
The great oil price drop and your energy costs
In the 10 months since June last year, the price of Brent Crude Oil, the European benchmark for the commodity, lost in excess of...
Total launches ‘100% green gas’ for SMEs
Business energy supplier Total has launched a new green gas product for SMEs.
A spokesman said the gas comes from anaerobic digestion sources and that Total will back...
Centrica calls for suppliers to build capacity market gas plant
Centrica is calling for local suppliers to help build a new gas turbine at King's Lynn as well as refurbish the existing combined cycle...
Going green in 2018: Smarter PPAs and demand reduction
Dylan Crompton, head of corporate sales at British Gas Business, explains the myriad options available to large businesses seeking to align energy procurement with...
SSE and Innogy appoint finance chief for proposed retail business
Gordon Boyd will head up finance at the merged SSE and Npower energy retail outfit, if it is approved by SSE shareholders and cleared...
Yü Group hires PWC and DLA Piper to conduct “forensic” review
Business energy supplier Yü Group has appointed PWC and DLA Piper to support a “forensic review” of business and accounts.
The company last month announced...
Controlling energy budgets in uncertainty
Martyn Young, co-founder and Procurement Director of ZTP, the strategic energy software and management consultancy, outlines some interesting changes in the energy market -...
EDF targets July to bring Dungeness B nuclear plant back online
Nuclear operator EDF Energy today confirmed both reactors at Dungeness B will continue to be out of service until July.
The reactors shut down in...
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...