‘Mega TPI’ Kinect buys Orchard Energy

TPI behemoth Kinect has added another 1,500 industrial and commercial businesses to its books with the acquisition of Orchard Energy. The firm, created last year...

National Grid issues gas warning, asks market to pull out stops

National Grid has issued a Gas Deficit Warning, an indication that demand is likely to outstrip supply. It is a signal to suppliers to make...

Yü Group posts big growth, eyes larger corporates and cross selling

Business energy supplier Yü Group posted 57% year-on-year profit increase for the six months to 30 June. Revenue increased 73%. Adjusted profit before tax stood...

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...

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...

SSE business energy slumps to loss as bad debt bites

SSE’s business energy division slumped to an £18.5m loss for the year to 31 March, down from £51.6m profit the prior year. Electricity sales to...

eEnergy Group to acquire Beond Group

eEnergy Group, an Energy Efficiency-as-a-Service (EEaaS) business, has conditionally agreed to acquire Beond Group, a renewable energy consulting and procurement business that helps organisations...

NGP webinar offers insight into cutting energy, carbon and cost using energy management systems

NGP is inviting the industry to engage with a free-to-attend webinar which demonstrates how its energy management systems ClearVUE can help businesses gain greater...

No new fields? By 2030, North Sea oil “could be slowing to halt”, OGA...

Developments today threaten to deepen the gloom, both long- and short-term, around the global crisis affecting Britain’s gas prices: oil and gas regulator the...

Kwarteng to ‘refresh’ Energy Retail Market Strategy

Hard on the heels of Ofgem’s financial stress tests taking effect next month on UK retailers, the government has said it will review its...

Request to Pay: how energy providers can better support consumers through the cost of...

Paul Walvik-Joynt, Senior Vice President, Head of Global Bill Pay Commercialisation, Mastercard explains how it's Request to Pay service connects buyers and sellers directly...

Where we are and where we are headed

The UK energy market is being rushed through an enforced update because it has been neglected for the last fifteen years or so.  Today...

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...

Trading standards and police raid BES Utilities and Commercial Power

National Trading Standards and Lancashire police last week raided the offices of business energy supplier BES Utilities and sister company Commercial Power in relation...

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...

Utility Warehouse sees further growth in bundled phone, broadband and energy

Utility Warehouse believes there is more growth to come from bundling communications and energy services to customers and is considering boiler installation, services and...

Rolls Royce to cut 4,600 jobs

Rolls Royce, the engines and power systems manufacturer, will cut 4,600 jobs over the next two years in a bid to save £400m per...

Toshiba shuts down UK nuclear plan

Toshiba has scrapped plans for a new nuclear power station in the UK. The company said it has been in talks with potential investors...

Is a flexible energy procurement strategy too risky in today’s market?

After a period of relatively low commodity costs, we have started to see wholesale costs rise again in recent weeks. In an ever-changing market,...

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...