Electricity retail

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Energy crisis can be transformed into ‘catapult for change’

The dramatic rise in wholesale power prices in 2021 has torn the energy retail sector apart, prompting a wave of supplier failures and heaping immense pressure on the remaining players. However, out of this crisis can also come an opportunity to forge closer relationships with consumers by highlighting the opportunities presented by the energy transition to save them money and contribute to the climate fight. Senior sector figures shared their views with Utility Week.

3 years ago

Energy Reset: Four key steps to tackle the cost of living crisis

3 years ago

Octopus expects £100m energy crisis hit

3 years ago

Flint appointed to head Committee on Fuel Poverty

3 years ago

Energy Reset: Suppliers cannot tackle crisis alone

3 years ago

‘Location discrimination’ may hinder transition to EVs

3 years ago

Keeping price cap will ‘freeze’ energy retail market

The introduction of the energy price cap has “destroyed” the supply market and its removal is an essential precondition of any reform of the system, the UK’s first electricity regulator has told the government. Professor Stephen Littlechild, who was the first head of the Office of Electricity Regulation from 1989 to 1998, said keeping the price cap in place will deter competition from new entrants and "freeze" current market shares.

3 years ago