Leadership change as Inenco hires new CEO
Inenco, one of the UK's largest third party intermediaries, has hired Richard Harrison as chief executive. He replaces Gary Stokes.
Harrison was CEO of boiler...
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...
Centrica shares tank on heavy losses
Centrica lost almost a fifth of its value in early trading after posting an £849m pre-tax loss for 2019.
In 2018 the group had recorded...
Npower doubles Eon’s UK sales, 5,000 job cuts loom, b2b sale undecided
Eon doubled UK energy sales in the first half of the year despite the impact of Covid-19, thanks to the inclusion of innogy operations,...
EDF appointed by Ofgem to supply customers of Green Network Energy
EDF has stepped in to help customers left without a supplier after Green Network Energy ceased trading on 27 January 2021.
The supplier will take...
National Grid-ESO to be replaced by ‘more independent’ operator of Britain’s grid
Critics of the National Grid’s ambivalent ‘running with the fox, while hunting with the hounds’ status were vindicated today, as Beis ministers floated their...
Wholesale gas trades at record 355 pence per therm, as heavy users urge Johnson...
Britain’s steel, glass and other intensive energy purchasers are seeking urgent relief measures from the Johnson government, as wholesale markets surge to record prices...
Today’s utilities tomorrow: the path to the utility of the future
What will the electric utility of the future look like? This seemingly abstract question is being asked across boardrooms worldwide today as the electricity...
Energy crisis hitting TPIs
The UK's energy crisis is continuing to have a devastating financial impact on businesses. However, often overlooked are those ancillary businesses, such as energy consultancies...
Government energy supports “misses out on big firms’ needs”, nPower finds
Two-thirds of larger businesses believe the Energy Bills Discount Scheme, due to come in next month - won’t go far enough to support them,...
A kingdom united or a country on the fracking brink?
The discovery and introduction of the unconventional gas from shale rock formations, has dramatically altered the landscape of the US energy market. The development...
Regulation of UK energy consultants, or how to save 3p per kilowatt hour
Ian White, Director of Strategy at alfaenergy writes in this sponsored post about a different trilemma for the energy market to tackle, regulation of consultants.
The majority...
Drax to buy business energy supplier Opus Energy for £340m
Drax is set to acquire business energy supplier Opus Energy in a £340m deal.
Drax said Opus, which last year generated sales of £323m to small...
Wessex Water buys automated energy switching platform Flipper, eyes business market
Wessex Water has acquired switching platform Flipper, which automatically switches subscribers onto the cheapest energy deal.
The company, with its future more secure, is looking...
Shell to buy energy retailer First Utility
Fossil giant Shell is to buy the UK's largest independent energy supplier First Utility.
The move, subject to regulatory approvals, represents a significant challenge to...
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...