Centrica has warned that UK businesses are at an increased risk of power-related failures that could endanger employees and profit margins.
The Public Accounts Committee (PAC) has this morning slammed the government over its handling of the Hinkley Point C contract, identifying a catalogue of errors that it said could see consumers footing the bill.
Centrica has made a raft of proposals to both government and Ofgem in a bid to “level the playing field” in the energy market.
The Energy Networks Association (ENA) has this morning unveiled its draft innovation strategy, detailing how its members could deliver billions of pounds in benefits to the UK energy system.
The UK’s National Cyber Security Centre has confirmed that UK energy infrastructure has been the target of Russian hackers this year.
Electricity North West has said consumers could be saved around £300 million over the next 25 years simply by lowering their electricity supply with voltage controllers without anyone noticing a difference in their power supply.
The aptly-named Development House in the heart of London’s tech city of Old Street hosts Open Utility, a firm intent on disrupting, but also collaborating with, UK electricity’s established names. Clean Energy News sat down with CEO and co-founder James Johnson to discuss the company's global rise and what areas it has in its sights going forward.
Ofgem has thrown out a request by SSE to modify industry rules which would have resulted in generators receive a £120 million rebate funded by consumers.
UK Power Networks has revealed that its customers have benefitted from around £70 million worth of savings since 2015 through the use of flexible, distributed generation.
Citing significant developments in the fields of decentralised generators, smart meters and big data, Ofgem has launched a consultation which could bring about the end of the conventional ‘supplier hub’ model in the UK.
Innogy is doubling down on its vision for growth in decentralised generation and new grid infrastructure as it prepares to “rigorously implement” its new strategy.
Blockchain has received the backing of a powerful coalition of energy companies and trading houses who have announced plans to create and invest in a new venture develop a blockchain-based digital platform for energy commodities trading.
National Grid’s UK power transmission profits slid more than 20% in the first half of its 2017/18 financial year, with the system operator (SO) continuing to prepare for its changing role in the power market.
Yesterday came the symbolic moment that many in the smaller supplier market had been waiting for as SSE and RWE npower confirmed plans for a merger. However, with issues around competition in the GB supply market and a chequered history of consumer satisfaction, the fall of the Big Six to five may still be a way off.
UPDATE: SSE and innogy owner nPower have confirmed that, subject to Competitions and Markets Authority (CMA) approval, the two companies are to merge to create "a major new independent competitor in the energy and home services market".
Centrica has boosted its presence within the global energy market with the acquisition of Restore, the demand response aggregator manging 1.7GW of peak load from industrial and commercial customers across European countries and the US.