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Energy Procurement

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...

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...

NZ based Marvel Labs joins Octopus Energy

Wellington based Marvel Labs has announced the sale of Configurable - an advanced energy retail pricing system for a smart grid world - to...

Working with  businesses for budget certainty

With non-commodity elements now making up between 40-50% of electricity bills, and with many of these costs being associated with the evolving energy policy...

Free master class: Master the energy category in one day

The energy category is one of the most complex and demanding spend areas for most businesses. It’s hard to understand, difficult to negotiate and...

New general manager for Total Gas & Power

Sion Roberts has been made general manager of Total Gas & Power. Roberts, with the company for two decades and most recently its commercial director,...

SSE ramps up smart meter rollout as customer losses accelerate

SSE has now installed over 600,000 smart meters, according to its latest trading statement, a significant increase in the last few months. However, it lost...