BES Utilities goes after Trading Standards for £8.6m
BES Utilities says it plans to sue Trading Standards, which raided its premises in 2016.
The company will seek £8.6 million in damages against Cheshire West and...
Open Energy Market lands £3m to inject transparency into energy procurement
Energy buying platform Open Energy Market has secured £3m in funding from Calculus Capital to scale its operations and take the power away from...
Energy risks and rewards: What will hit businesses in 2018?
Increasing market volatility in 2018 is compounded by rising policy costs and regulatory change. That presents greater risk but also significant opportunity for businesses...
Centrica to cut 4,000 more jobs as headwinds strengthen
Centrica is to undertake another major round of cost cutting, planning to take £500m out of the business each year from now to 2020....
Opus and Haven Power bolster Drax bottom line
Profits from energy sales to SMEs and corporates boosted Drax's full year earnings.
The company, which is transitioning from Europe's largest coal-fired power plant to...
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...
Energy suppliers given year limit to back bill smallest firms
Energy suppliers will not be able to back bill micro businesses for more than a year from November.
Ofgem has introduced a licence condition that...
Going for brokers: Three platforms bidding to disrupt energy procurement
Brokers still hold huge power in the business-to-business supply market. But some firms think they are too opaque and inefficient. They believe technology can...
SME energy supplier Yü Group posts strong growth, turns profit
Business energy and water supplier Yü Group reports that customer growth outpaced expectations during 2017 and anticipates more of the same for 2018 and...
Utilitywise posts big loss after recalculating contract values
Utilitywise has posted heavy losses for the year to July 2017 after changing its accounting methodology and recalculating the value of its contracts.
The firm's...
Total hires new I&C director, Opus new ops director
Total Gas & Power has hired former Npower sales, marketing and technical services director, Mark Rose, to head up its sales operation to large...
SSE+Npower merger ‘warrants further scrutiny’ says competition watchdog
Plans by SSE and Innogy to merge their UK domestic retail businesses warrants further scrutiny, says the Competition and Markets Authority (CMA).
The watchdog has concluded...
United Utilities and Severn Trent joint venture starts selling energy
Water Plus, the joint venture between water suppliers Severn Trent and United Utilities, has started selling energy as well as water to businesses.
The company...
Centrica sees 2018 growth from distributed energy and 1m connected homes
Centrica has notched up a million connected homes customers, after adding 91,000 ‘smart homes’ to its books in the first four months of this...
SSE to build new 840MW gas power station
SSE is to build a new combined cycle gas turbine (CCGT) power station in North Lincolnshire.
The company says it will bid for a capacity...
SSE and Innogy appoint finance chief for proposed retail business
Gordon Boyd will head up finance at the merged SSE and Npower energy retail outfit, if it is approved by SSE shareholders and cleared...
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...
Edina wins 2MW CHP contract Eon’s Cranbrook energy centre
Eon has awarded another CHP contract to Edina, which will supply and install a 2MWe gas-fired combined heat and power (CHP) plant at Cranbrook...
Utility Warehouse: More independent suppliers will go bust
Utility Warehouse has suggested small independents acquiring customers at a loss will not last long, predicting further insolvencies.
Reporting financial results for the year to...
BES Utilities loses judicial review claim over data seized in raid
BES Utilities has lost a claim for judicial review following the raids on its premises by Lancashire Police and Trading Standards two years ago.
In...