Centrica Business on hunt for new CEO as Hanafin steps down

Centrica Business CEO Mark Hanafin will step down next March. The company said it has started to search for a successor. Hanafin has been with...

SSE-Npower merger scrapped

The proposed merger of SSE and Npower's retail businesses has been scrapped. SSE said its board and that of Innogy's had been unable to agree...

A big carrot: Octopus seeds new business energy verticals

Octopus Energy for Business plans to quadruple its customer base in the next couple of years. Director Zoisa Walton thinks creating products for business...

Eon: Lockdown sees business energy demand fall 38 per cent

Business energy demand has dropped 38 per cent on average since the start of coronavirus lockdowns, according to Eon. Leisure, hospitality and real estate sectors...

CMA tells water companies ‘manage your energy bills’ as it rejects option to recoup...

A decision by the Competition and Markets Authority (CMA) will force major energy buyers in the water sector to take a more active approach to...

Sky’s the limit for DSR revenues?

Is demand-side response an attractive proposition and are mission critical sites now coming on board? Demand-side response is becoming more critical as a method to...

8GW of onshore wind and solar ‘eligible for upcoming CfD round’, say analysts

Respected energy soothsayers Cornwall Insight reckon that fattening pipelines of imminently delivered onshore wind and newly commissioned solar farms stand to add 8GW of...

Holyrood consults on green H2, as bank warns world “50% short of electrolyser capacity...

The world will fall short by as much as half in the electrolyser capacity it needs to meet by 2030 the planet's green hydrogen...

Why understanding the energy market is more important than ever

By Anthony Ainsworth, COO at npower Business Solutions It is perhaps an understatement to say that the past few months have been volatile in the...

Stark contrasts…winter is still coming

By Serge Mazodila, lead trader of LG Energy Group With a complacent mindset and a “steady as she goes” summer 2014 trading attitude, European energy...

Centrica to cut 3,000 jobs as utilities feel heat

Centrica will cut 3,000 jobs this year with 800 staff already gone as it aims to cut costs. The UK's biggest energy company said it...

Wirral Council plans local energy company

Wirral Council looks set to become the next local authority to launch a municipal energy company. The Council's leader has backed the move and the...

New CEO at Drax as Dorothy Thompson steps down

Drax CEO Dorothy Thompson will step down at the year end. She will be succeeded by current chief financial officer Will Gardiner. The company said Gardiner, who...

Centrica to cut 4,000 more jobs as headwinds strengthen

Centrica is to undertake another major round of cost cutting, planning to take £500m out of the business each year from now to 2020....

The power of God: Churches convert to renewable electricity

The Church of England’s procurement group, Parish Buying, is buying renewable electricity through Total Gas & Power. Thousands of churches and cathedrals have now converted to...

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...

Earning a first: Universities sign £50m aggregated PPA

UK universities have earned what is believed to be a UK-first: an aggregated renewable power purchase agreement (PPA) across 20 education establishments worth £50m. The...

Covid-19 and energy contracts: Making volume tolerance clauses interesting

Catalyst Commercial Services CEO, Chris Hurcombe, discusses Covid-19's impact on business energy contracts - and how volume tolerance clauses could prove costly, if enforced. The...

Ofgem protects customers of failed supplier Yorkshire Energy

Yorkshire Energy Limited (also known as Daisy Energy) a gas and electricity supplier with around 74,000 domestic customers, and a small number of non-domestic...

Ban greenwashing, and make REGOs worth the paper they’re written on, Ofgem is urged

Energy retailing’s dirty, not-so-little secret has come under renewed scrutiny, with two prominent power providers uniting in a call to banish ‘greenwashing’. In their joint...