“No backsliding to tiny reserves & feather-bedded shareholders”, Ofgem warns suppliers
Britain’s energy regulator today warns under-capitalised suppliers that government could intervene to prevent a repeat of 2021’s collapse of 28 suppliers.
With energy retailers forecast...
Energy firms extend lifelines to SMEs caught in “excessive” tariffs
Commercial power retailers EDF and British Gas are the first major suppliers reported to have offered lower cost deals designed to rescue thousands of...
nBS launches trading platform for energy managers
Corporate energy supplier npower Business Solutions has launched a suite of flexible energy trading solutions designed to help businesses trim energy bills and maximise...
Exports, plus electrification of everything, will push UK power prices higher before 2030; Cornwall
Exports directed at plugging gaps in continental baseload will keep UK power prices at historically high levels for the rest of this decade, latest...
Top to toe: SSEN seeks flex contracts covering 15 zones
Distribution network operator SSEN is seeking partners offering flex services across fifteen zones, in areas spanning the Highlands and southern England as far north...
YLEM launches power trading platform
Clean power company YLEM Energy is launching a peer-to-peer platform, as it branches out from its core business of managing onsite power generation for...
Ofgem persuades powercos to ease up installations of prepayment meters
Britain’s consumer champion tasked by law with protecting power consumers has backed Ofgem’s new deal slowing power companies’ readiness to instal prepayment meters in...
“1 million SMEs locked into high energy tariffs”, business groups warn
Trade groups representing up to four million small businesses have told the government that firms locked into expensive fixed price energy contracts should be...
Smart meter roll out ‘will struggle to meet 2025 deadline’: Cornwall Insight
The government’s goal of achieving a smart meter in every British home by 2025 is looking harder to achieve, according to new polling of...
Is the energy crisis still impacting business confidence?
The Business Energy Tracker 2023: is the energy crisis still impacting business confidence?
By Anthony Ainsworth, Chief Operating Officer (COO), npower Business Solutions (nBS)
Last year,...
April’s end of Energy Bill Relief threatens 370,000 small firms, says FSB
The end of the Energy Bill Relief Scheme eight days from today could threaten the future of hundreds of thousands of small firms, according...
Government energy supports “misses out on big firms’ needs”, nPower finds
Two-thirds of larger businesses believe the Energy Bills Discount Scheme, due to come in next month - won’t go far enough to support them,...
High power prices slow firms’ investment & recruitment, 2,300 tell ABB
Sustained high energy prices are deterring spending by large and small companies on recruitment, training and investment in productivity upgrades, research commissioned by multinationational...
Facilities, managed: Energy Systems Catapult stretches to Active Building Centre
Not-for-profit technology advisors Energy Systems Catapult have acquired ‘key parts’ of the Active Building Centre.
The ABC was launched four years ago under the government’s...
REMA responses “strengthen case for radical reform”: Cornwall
Replies to Britain’s biggest ever consultation on energy market reform underline the case for a far-reaching revamp, consultants Cornwall Insight believe.
D-ESNZ yesterday published its...
UrbanChain to add storage & EV charging stations to its trading exchange
Buoyed by government recognition, energy trading platform UrbanChain is set to add EV charging stations and batteries to its renewable energy trading market.
It comes...
Smart phoning: Vodafone dials into 5 solar farms, as domestic on-roof PV instals double
Mobile telecoms giant Vodafone has reached agreement with Centrica and solar developer Mytilineos to fund five new PV farms, capable of providing it with...
“Millions could switch supplier” after July, as homeowners chase deals: Cornwall Insight
Analysts believe uncounted droves of British home power accounts stand ready to flit between suppliers this summer, as falling energy wholesale prices coupled with...
Fashion retailer H&M finds good (non-FiT) fit with Lightsource bp on two Midlands farms
Fashion shoppers in Swedish brand H&M’s UK stores will now be browsing its wares in light provided by clean power made on British solar...