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...
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...
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...
Newly-launched BusinessEnergyQuotes.com to support businesses with energy comparisons
Newly-launched BusinessEnergyQuotes.com to support businesses with energy comparisons
UK SME businesses are set to benefit from a brand-new, fully-online business energy pricing engine, after the...
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...
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...
3,500 NHS properties switch to renewable power via Inspired and British Gas
British Gas will supply 100 per cent renewable electricity from April to some 3,500 hospitals and clinics via a deal brokered by Inspired Energy.
NHS...
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...
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...
£500m SSE–Ovo deal done
SSE will today complete the £500m sale of its retail customer book to Ovo. The deal will propel Ovo to the top table in...
Yü Group strikes hedging deal with Smartest
Business utilities supplier Yü Group has struck a hedging agreement with Smartest Energy in order to free up cash.
Under the deal, Yü will only...
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...
Centrica’s King’s Lynn CCGT fully commissioned
Centrica’s 386MW gas-fired power station at King's Lynn, Norfolk, is now fully commissioned.
It is the first CCGT delivered in the UK since the introduction...
SSE business energy profit plummets 93 per cent
SSE’s business energy supply division saw operating profit fall 93 per cent to £2.9m for the six months to 30 September.
The utility cited increased...
NUS and Smartest Energy strike £180m renewables basket deal
NUS Consulting has agreed a basket deal whereby some 150 companies will switch to renewable power from Smartest Energy.
The group purchasing arrangement means smaller...
Simec signs Mitsubishi Hitachi deal for Uskmouth waste power plant
Simec Atlantis’ plans to develop a 220MW power plant that burns paper, card and plastic at Uskmouth continue to advance. The Gupta-controlled firm has...
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...
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...
Eon will move “quickly” to resolve Npower’s future after deal agreed
Eon will move "quickly" to clarify the future of Npower after its asset swap with Innogy was cleared by competition authorities.
Chairman and chief executive...
Ovo to buy SSE’s retail business, become second largest supplier
SSE and Ovo have agreed a deal where the former challenger supplier will acquire SSE’s domestic customer book for £400m in cash and £100m...