Eon and Npower’s industrial and commercial businesses to merge
Eon and Npower's business energy supply units are to merge.
Npower's business supply unit was originally left out of the deal which saw its domestic...
Robin Hood Energy under review after £23m loss
Nottingham Council owned energy supplier Robin Hood has posted a £23.1m loss for 2018/19.
While the firm’s management says it is “confident” financial stability can...
Bristol Energy appoints EY to ‘assess future business viability’
Bristol City Council has appointed EY to conduct “a full and thorough assessment of Bristol Energy’s structure and future business viability”.
That structure may lie...
Eon no longer accepting Letters of Authority from unapproved TPIs and sub brokers
Eon will no longer accept letters of authority (LOA) from third party intermediaries not signed up to its TPI Agreement, even if they already...
Opinion: Amazon would be a good buyer for SSE + Npower
Franck Latrémolière thinks Amazon would make a decent fist of energy supply at scale and might become the catalyst for wholesale systemic change.
Combining Npower with...
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...
Simec says plastic waste pellets looking good for Uskmouth power station
Simec Atlantis says the plastic and paper waste pellets it plans to burn at the former Uskmouth coal-fired power station in South Wales have...
Conn gone, Centrica battles on
Centrica chief Iain Conn has exited. The former CEO announced he would be resigning in 2020 last July, but stepped down as the company...
Rise of the local authority energy companies
Local authorities are launching energy companies. Some now supply businesses, sign power purchase agreements with local generators, and seek TPIs to scale their B2B...
Innogy finance chief: winding down Npower an option
Innogy chief finance officer Bernhard Günther said all options are on the table for Npower, including winding down the business.
On an analyst call, Günther...
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...
Eon wields the knife at Npower, big cuts ahead
Eon has moved to stem big losses at Npower, planning major job cuts and removing CEO Paul Coffey.
The company plans to fuse Eon and...
The price of power: What influences the wholesale price of energy?
Energy is a complex business - especially when it comes to pricing. In this sponsored post EDF outlines the macro factors at play, and...
Bayford Group buys energy supplier E, targets EVs and storage
Yorkshire-based Bayford Group plc, the diversified property-to-energy supply business, today took a further step into advanced energy markets, completing its purchase of the 320,000...
Gnergy goes bust
Small supplier Gnergy is the latest casualty of the energy retail market.
The company, which supplied around 9,000 household accounts and some small businesses, had...
Australia’s Origin takes £265m stake in Octopus Energy
Australia’s largest utility will pay £265m for a 20 per cent stake in Octopus Energy.
It will pay £70m on completion and £195m in batches...
Trading standards and police raid BES Utilities and Commercial Power
National Trading Standards and Lancashire police last week raided the offices of business energy supplier BES Utilities and sister company Commercial Power in relation...
Centrica to sell Langage and South Humber power stations to Czech energy firm EPH
Centrica has agreed to sell its Langage and South Humber Bank combined cycle gas turbine (CCGT) power stations, with a combined capacity of 2.3GW,...
Love Energy Savings launches I&C third party intermediary promising ‘total transparency’
SME energy platform Love Energy Savings has hired ex-utility staff in a bid to attract industrial and commercial firms to its new third party...
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...