Energy retail

Weekend press round-up: Goldman Sachs to plough £250m into Ovo

In our latest review of sector coverage across the national newspapers, Goldman Sachs is said to be in advanced negotiations to inject capital into Ovo Energy. Meanwhile, BP is considering bidding in the Scotwind auction as it ramps up its green ambitions. Lobbying efforts to promote investment in hydrogen and the future of desalination for drinking water are also analysed.

Trustpilot issues cease and desist notice to supplier

Octopus and Co-op relaunch joint community energy scheme

Three million households remain in fuel poverty

Large energy suppliers back calls for carbon tax

Poll claims average energy debt fell this winter

Optimising address data to drive efficiency

Energy UK and Ofgem pledge to improve gender representation

WPD spearheads combined approach to local energy planning

A consortium led by Western Power Distribution (WPD) is working to create a combined approach to local energy planning to help local authorities and network companies achieve net zero. The Energy Planning Integrated with Councils (EPIC) project is being trialled in three areas in South West England and will seek to develop an agreed process for identifying and analysing energy plans in relation to the increased uptake of low carbon technologies.

Ofgem sets out key criteria for MHHS intervention

National Grid calls for creation of a heat delivery board

Centrica targets gender parity by 2030

Centrica says attracting female employees is its biggest challenge as an employer, as it revealed plans to align its workforce with the latest census data by 2030. Part of its plans to create a more inclusive workforce include the introduction of a ‘shadow board’ of diverse employees which will “drive continuous improvement”, as well as mandating unconscious bias training for all staff.

Weekend press round-up: Bulb boss mulls float

In our latest review of sector coverage across the national newspapers, Bulb founder Hayden Wood sets out his ambitions for the energy retailer. Meanwhile, a new report has found a dramatic fall in water pollution prosecutions over the past decade. There is also an investigation into the use of solar panels made by Chinese companies accused of exploiting forced labour camps in Xinjiang province in projects run by UK utilities.

Supplier failure now a key concern for consumers

Ofgem’s latest annual survey measuring consumer attitudes has revealed a significant increase in the number of customers who perceive the chance of their new supplier going bust as a main risk of switching. It is now ranked fourth in the list of perceived risks of changing supplier. Adam John delves into the survey results.

Pure Planet edges towards profitability