Local authority energy companies to drive down business energy costs?

Local authority energy companies could be the next wave of competition to business energy suppliers. Nottingham City Council officially launched its energy supply company yesterday....

UK to lose another 2GW of power capacity as Eggborough consults on closure

Capacity margins for winter 2016 could become tighter still as Eggborough Power announced that its 2GW coal-fired power station could cease generating next March. The...

EnergyQuote buy marks Accenture power play

Accenture is set to acquire EnergyQuote after entering into an agreement with the firm last week. Terms of the deal were undisclosed. The move makes...

TPI secrets revealed

Ask any business  “Do you currently work with an energy consultant?” and nine times out of 10 the answer will be yes. Many businesses...

CMA: Small firms being ripped off by £500m a year on energy, TPIs must...

The Competition & Markets Authority has suggested that the UK’s small businesses are overpaying on energy bills to the tune of £500 million per...

Power prices will remain low to 2020, more thermal plant closures – Moody’s

Power prices will remain low through to 2020 on the back of demand reduction and growth in interconnectors and renewables according to Moody’s. In a...

National Grid ‘delighted’ with demand response but warns over system tightness

National Grid is confident it has procured sufficient reserve capacity for the coming winter but has warned that margins will remain tight for the...

The great oil price drop and your energy costs

In the 10 months since June last year, the price of Brent Crude Oil, the European benchmark for the commodity, lost in excess of...

Drax to power Thames Water via £500m Haven Power deal

Haven Power will provide Thames Water with power for the next five years in a deal worth £500m. The Drax-owned energy supplier said the...

Inprova group acquires energyTEAM and Ener-G brokers, becomes major player

Inprova Group has bought two non-domestic energy brokers, energyTEAM and ENER-G Procurement. The procurement outsourcing company said both firms will be rebranded as it bids...
LNG shipments drive down UK power prices

Global gas glut pushes UK power prices to four year low

UK power prices fell to their lowest in four years during the first quarter of 2015 and averaged 10% lower than the previous quarter....

Sponsored post – What lower oil prices mean for your firm’s next energy contract

In this sponsored post, CUB says market forces make it a good time to think about locking in keen energy prices for years to...

What is the levelised cost of power?

Since Energy Procurement reported on levelised costs in 2011, understanding the cost of power generation has become no less complex or controversial. However it...

How directors rate energy suppliers, third party intermediaries and purchasing teams

How do business bosses rate their energy suppliers, as well as third party intermediaries/brokers, and how they rate their own purchasing teams? And how...

Flexible gas purchasing opens up to SMEs

Many businesses want to take advantage of the benefits of purchasing gas on the live energy markets that in the past have been restricted...

Ofgem: Wholesale power liquidity improving

Liquidity is improving in the wholesale electricity market, Ofgem said today. In an interim report following its intervention on 31 March, the regulator said early...
What the politicians aren't telling us about UK energy policy

What the Conservatives, Labour and Ukip aren’t telling us about UK energy

Dave Cockshott, chief commercial officer at Inenco, asks why energy took a back seat at this autumn’s political party conferences. Ahead of the general election,...

Small businesses missing out on energy savings

New research reveals that while small business owners are concerned about the price of utilities, more than half (52%) of SMEs - 2.54 million...

Wholesale gas product for mid-sized business users

Business energy supplier Vayu today launched a new gas product allowing mid-sized gas users* to take advantage of cheaper prices available in the wholesale...

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...