Greater power margins and falling electricity demand sent peak market prices tumbling, according to energy monitoring firm EnAppSys.
Shell has agreed to purchase First Utility in a move which will see the petrol giant enter the UK domestic supply market.
Innogy has confirmed its chief executive Peter Terium has left the company with immediate effect, just days after it was forced into issuing a profit warning
Flexitricity is bidding to take end users into National Grid’s Balancing Mechanism by seeking a supply licence.
Scottish & Southern Electricity (SSE) has said the merger of its supply arm with npower’s will bring about a “completely new model” for the UK supply market.
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.
The Department for Business, Energy and Industrial Strategy has launched a new call for evidence (CfE) over the cost of energy on the back of recommendations put forward in the Helm review.
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".
Engie has agreed to divest its last remaining stakes in UK thermal as it continues to transform itself into a low carbon power company.
The traditional ‘supplier hub’ model of energy supply in the UK may “break down” as the UK power market continues to become more decentralised, Ofgem has warned.
Powering the UK on wind and solar is not only possible, but the “smart economic choice” according to a new report which has condemned the future prospects of biomass in the country.
Our local authority expert Stephen Cirell follows on from news that Sadiq Khan might be rowing back on his Energy for Londoners vision, and suggests an alternative direction of travel for the capital’s mayor.
Shell has become the latest global energy giant to set its sights on the UK’s commercial power market.
Ex-Climate Group boss Mark Kenber has stepped in as interim CEO at independent energy firm Mongoose Energy following a management reshuffle late last month.
Centrica has launched a new venture – ‘Centrica Innovations’ – which is to invest £100 million in developing new energy technologies.
Clean energy supplier Good Energy has said that it has faced a “more challenging” winter period to date than expected and warned of “exceptional volatility” in the short term power market.
Stephen Cirell discusses the recent collapse of GB Energy and why end users need suppliers like it to survive
In his final blog on the topic of Energy Service Companies, Stephen Cirell anticipates what we can expect from them in the coming months.
Yesterday Good Energy formally launched Selectricity, the peer-to-peer renewable energy matching service it developed with Open Utility. David Brooks, managing director of Good Energy’s supply business, speaks to Clean Energy News about the company's ambitious future plans for it.
Independent electricity supplier Tempus Energy has closed its supply division less than a year after securing nearly £4 million of funding to support expansion plans, Clean Energy News can reveal.