British Gas: Not retrenching from I&C market, worst of billing pain ‘over’
British Gas says it remains highly focused on the industrial and commercial (I&C) energy market despite suggestions to the contrary. The company also believes...
Eon’s UK energy sales hit by ‘fierce competition’ as Brexit and ‘interventionist’ policy loom
Eon's UK power sales fell 1.5 billion kilowatt hours, or 8%, in the first half of 2017. Posting half year results, the firm warned...
Breaking ties with oil: The case for LPG
For the scores of commercial premises across the UK that aren’t connected to the mains gas grid, finding a reliable, readily available fuel that...
Shell enters UK electricity market
Fossil giant Shell has entered the UK industrial and commercial (I&C) power supply market.
Ofgem's register of supply licence applications alerted market participants to the...
British Gas business energy supply profits wiped out
British Gas made no money from its business to business energy supply division in the first half of this year.
The firm shed 30,000 UK...
Dave Cockshott leaves Inenco for SmartestEnergy
Dave Cockshott has swapped Inenco for SmartestEnergy. From November, the former Npower director will take on the newly created role of chief commercial officer...
SSE ramps up smart meter rollout as customer losses accelerate
SSE has now installed over 600,000 smart meters, according to its latest trading statement, a significant increase in the last few months.
However, it lost...
Drax rules out domestic energy retail, but keen to eat B2B suppliers’ lunch
Drax, owner of the UK's largest power station, sees further growth in energy retail and plans to take market share from incumbent business-to-business suppliers....
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...
Vattenfall enters domestic energy retail with iSupplyEnergy acquisition
Swedish utility Vattenfall has entered the UK domestic energy retail market by acquiring iSupplyEnergy. The buy gives it 120,000 customers.
The move follows Vattenfall's entry...
Centrica to sell Langage and South Humber power stations to Czech energy firm EPH
Centrica has agreed to sell its Langage and South Humber Bank combined cycle gas turbine (CCGT) power stations, with a combined capacity of 2.3GW,...
Centrica to close Rough, UK’s largest gas storage facility
Centrica is to close its Rough storage facility. The company confirmed that trying to eke out more life from the ageing facility is uneconomic.
Rough, past...
Telcos and broadband firms not eyeing energy market entry… yet
Telcos and broadband firms say they have no current plans to enter energy retail despite smaller firms eyeing multi-utility business offerings. But those in...
Opus sale buoys Utility Warehouse profit as supplier backs price cap and warns of...
Profits are up at Telecom Plus, the group that owns multi-utility provider Utility Warehouse. Selling its 20% stake in Opus Energy to Drax boosted returns...
Inenco: Readers invited to Summer Utilities Forum, 22 June, Lancashire
In this sponsored post, third party intermediary Inenco invites readers to its annual forum, taking place next week:
Inenco will host its second Summer Utilities...
UK gas demand hits five year high as coal-fired power tanks
Gas demand last year was the highest since 2011, according to latest government data. While households and businesses burnt more due to a colder winter,...
RWE-Engie tie-up talks: Reuters
Utility giants RWE and Engie are weighing potential tie-up options, according to newswire Reuters.
German utility RWE owns Npower in the UK and has a...
Centrica calls for suppliers to build capacity market gas plant
Centrica is calling for local suppliers to help build a new gas turbine at King's Lynn as well as refurbish the existing combined cycle...
Aborted billing system upgrade hits SSE retail profits
SSE retail profits took a hit from its decision not to plough on with a billing system upgrade.
For the year ending 31 March, the firm...
Regulate TPIs and implement energy price caps for small firms, urges FSB
Intervention on energy prices should be extended to small businesses and third party intermediaries must be properly regulated, the Federation of Small Businesses has...