TPI Utility Alliance launches I&C division
Utility Alliance has opened another office and set up an industrial and commercial division. The TPI can now provide energy services across the business-to-business...
The Network Edge: Vertiv CEO outlines 2019 data center trends
The Network Edge is on the tip of our tongue as we discuss 2019 data center trends, writes Rob Johnson, chief executive officer at...
Utilitywise up for sale, seeks £10m to stay afloat
Utilitywise is seeking buyers. It needs £10m to fund a new strategy and renew its £25m credit facility which expires in April.
The company's share...
Ofgem to review small business energy market
Ofgem will launch a review of the microbusiness energy market this year. The regulator will examine whether to put in place similar protections for...
Inspired to post higher profit and debt after busy 2018
Third party intermediary Inspired Energy expects to post a 21% revenue increase and 22% rise in adjusted profit before tax for the full year...
Yü Group says losses no worse than expected, share price doubles
Share values for business energy supplier Yu Group doubled in early trading after the company said losses for the full year 2018 would be...
Npower to cut 900 jobs
Npower is to cut 900 jobs, 14 per cent of its workforce.
The company blamed tough market conditions, the price cap and intense competition on...
Utilitywise calls in administrators
Utilitywise is in administration having failed to find a buyer or raised enough money to stay in business.
The company will immediately close its enterprise...
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...
Centrica Business profit up 900 per cent, challenges ahead
Centrica’s UK business division returned £40m profit in 2018, a 900% improvement after the collapse of 2017.
The company shed a further 9 per cent...
Bad debt hits returns at Opus and Haven
Increasing levels of bad debt hit returns for Drax-owned business energy suppliers Opus Energy and Haven Power.
The companies increased market share by 1 per...
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...
Flogas to convert National Grid’s Avonmouth gas storage site to LPG
Flogas has been granted planning permission to convert National Grid's former LNG site at Avonmouth to store LPG.
The aim is to create a facility...
Eon to build 75MW CHP at DS Smith’s Kemsley paper mill
Eon has signed a deal to build a combined heat and power plant at DS Smith's Kemsley paper mill in Kent.
The energy company said...
Brexit is looming: Mounting concerns for European energy prices
Green Energy Consulting gives its take on European energy challenges - and its expansion plans - in this sponsored post.
Uncertainty around the European energy...
Monarch Partnership set to acquire Utilitywise’s EIC
Third party intermediary Monarch Partnership is set to acquire Energy Intelligence Centre, formerly the corporate division of failed TPI Utilitywise, according to people familiar with...
Risk management: New platform to manage flexible energy contracts
ZTP, the strategic energy software and management consultancy, recently launched its new platform, Kiveev, which has been designed to digitalise the procurement and management...
New CEO for Engie
Nicola Lovett has been appointed CEO of Engie's UK & Ireland business as of 1 May. Current CEO Wilfrid Petrie will join the group's...
It’s time to optimise your procurement strategy
In 2018, energy managers faced pressure on both sides of their bills as both commodity and non-commodity costs pushed their energy bills higher. Now,...
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 -...