News
News
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Guest Blog: Kathryn Porter – Calls for social energy tariff as prices set to rise further
The Business, Energy Industrial Strategy Committee’s Energy pricing and the future of the Energy Market inquiry heard from Keith Anderson (CEO of ScottishPower), Michael Lewis (CEO of E.On UK), Simone Rossi (CEO of EDF Energy) and Chris O’Shea (CEO of Centrica) about the levels of bad debts they expect to see from their customers as the price […]
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SSE Renewables eyes more Dutch offshore wind
SSE Renewables has announced a new partnership with Brookfield to join 1.4GW offshore wind farm zone tenders which are currently underway in the Netherlands. The deal aims to combine SSE Renewables’ experience in developing, constructing and operating offshore wind farms with Brookfield’s own development experience in contracting long-term offtake agreements with companies. The Hollandse Kust […]
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UK Power Networks unveils new flexibility tender
UK Power Networks (UKPN) has launched a £13 million flexibility tender. Candidates can bid for some of the total 292MW of flexible power across 113 sites in London, the East and the South East of England, the firm confirmed. The tender includes locations with early start dates, up to just four weeks after arrangements are made, […]
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Gazprom cuts off Polish and Bulgarian gas exports after rouble refusal
Bulgaria and Poland have refused to pay for Russian gas in roubles, leading to Gazprom halting exports. Last month, Russian President Vladimir Putin declared that ‘unfriendly’ countries would only be able to pay for Russian gas with Russian currency, to hit back at sanctions imposed on the country. Gazprom released a statement this morning stating […]
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Britons face a ‘catastrophe’ in October as bills are set to skyrocket again
Energy customers are set to face more gloomy days in relation to their energy bills. In an interview on BBC Today show, National Energy Action (NEA) Chief Executive Adam Scorer spoke about the “extremely worrying” situation households are going to be in October when the price cap will rise again. Analysts had predicted that the […]
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British Gas owner charges up Google data centre
A battery installed at a Google data centre in Belgium will help it decarbonise its operations. Centrica Business Solutions has announced a new collaboration with energy storage provider Fluence to supply and optimise a 2.75MW energy storage system. It will be the first time for the tech giant to use battery-based energy storage technology to […]
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Centrica reportedly looking at buying parts of Bulb
Centrica has reportedly joined the bidding to acquire parts of the collapsed UK energy supplier Bulb’s business. Energy supplier Bulb, which has 1.6 million customers, was put into special administration in November. According to The Sunday Times, the British Gas owner and UAE government-owned company Masdar submitted non-binding offers during the first round of bids which closed […]
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Ofgem urged to fine firms over ‘unjustified’ charges
Ofgem has been urged “not to hesitate to take swift action to enforce compliance, including substantial fines” for energy companies. Business and Energy Secretary Kwasi Kwarteng has written to the energy regulator to ask for a crackdown on energy firms amid claims some are hiking charges by more than is justified. Last week, the energy […]
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‘Action Pact’ campaign in Boston targets climate change
A new campaign aimed at raising public awareness that will engage, educate and draw attention to the pressing issues of climate change has been launched in Boston. The Boston Green Ribbon Commission (GRC) has joined with the City of Boston and nearly 40 of Boston’s top cultural institutions to unveil ‘Action Pact 2022’, which kicked […]
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Ofwat announces new permanent CEO
Ofwat has named David Black as its permanent Chief Executive. Since April 2021, Mr Black filled the position in an interim capacity. He joined the water regulator in 2012 and was previously Chief Regulation Officer and Board member responsible for leading the PR19 price review. Ofwat said its new permanent boss has been instrumental in […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas