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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
Haven Power on REGOs: Sustainable energy businesses can trust
Following the Chancellor’s recent announcement that the government would be removing the CCL exemption from renewable electricity generation, sustainable energy has been at the...
Regulation of UK energy consultants, or how to save 3p per kilowatt hour
Ian White, Director of Strategy at alfaenergy writes in this sponsored post about a different trilemma for the energy market to tackle, regulation of consultants.
The majority...
SSE brings 735MW gas plant back online for winter
SSE has confirmed that its 735MW Keadby gas-fired power station will be back online for winter. The plant had been mothballed since 2013 but...
Free master class: Master the energy category in one day
The energy category is one of the most complex and demanding spend areas for most businesses. It’s hard to understand, difficult to negotiate and...
Business energy firm BES hit with million pound penalty for bad practices
Small business energy supplier BES has been hit with a penalty just shy of £1 million by energy watchdog Ofgem.
The regulator's investigation found the...