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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Etix secures 45MW of power for Icelandic data centre expansion
Etix Everywhere Borealis, part of Etix Everywhere and Etix Blockchain, has signed new power contracts with Icelandic power providers, securing in total 45 MW...
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...
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...
Dual chemistry: the best of both worlds?
GS Yuasa Battery Europe has helped to develop what it describes as ‘the world’s first container-based energy storage platform’, where lead acid and lithium-ion...
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...
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...
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...
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...
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...