Company strategy

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Can Centrica be saved?

Even by the recent catalogue of corporate woes, Centrica’s announcement earlier this month that it had plunged into a loss of more than £1 billion must have been hard to take for outgoing CEO Iain Conn. As further heavy losses for 2019 continue to put the spotlight on the British Gas owner, Adam John looks at the direction of travel now for the energy leviathan and who might be the person to lead it.

6 years ago

Green tariff pledge ‘natural step’ for Scottish Power

6 years ago

Weathering the storm

Gale force winds and a deluge of rain have battered the UK over the past few weeks but thanks to the efforts of staff across the utilities sector, power interruptions have been limited. Paul Fidler, director of operations at the Energy Networks Association, highlights how joined up working has kept the lights on in very difficult conditions.

6 years ago

CCW issues advice on stamping out billing complaints

6 years ago

Ofgem investigates WPD over approach to vulnerable customers

Ofgem has launched an investigation into Western Power Distribution’s (WPD) obligations to its priority service register customers. WPD is the network operator which covers the Midlands, South Wales and the South West.

6 years ago

British Water challenges sector to be more inclusive

6 years ago

‘Levelling up’ is still firmly on the agenda

Yet while news of the departure of Andrea Leadsom as business secretary, and the sacking

6 years ago

Pyper to step down as CEO of NI Utility Regulator

Northern Ireland’s Utility Regulator chief executive Jenny Piper has announced she will retire in the Autumn after almost seven years in the role. Pyper will remain in place to help facilitate the appointment of her successor.

6 years ago

Government must accept ‘economic sense’ of subsidising onshore wind

A leading investor in renewable energy has told Utility Week the government must accept the economic argument that excluding onshore wind from subsidies “makes no sense”. Richard Crawford and Jaz Bains, of The Renewable Infrastructure Group, also warned that the Conservatives' pledge to reach 40GW of offshore wind capacity by 2030 was “very challenging” and that a framework for incentivising investment was urgently needed.

6 years ago

Ofwat revokes Tor Water licence

6 years ago

Plans for £1.2bn weather ‘supercomputer’ as utilities grapple with storm aftermath

As utility companies pick up the pieces from a second consecutive weekend of extreme weather, the government has promised to strengthen the country’s resilience by investing £1.2 billion in the world’s most advanced weather and climate forecaster. Utility Week gauges reaction to the project and rounds up how companies have responded to the damage caused by Storm Dennis

6 years ago

Portsmouth hits back at ‘inference of overcharging’

6 years ago

ESO on creating a zero-carbon power grid

6 years ago

Anglian stands firm on investment over bill cuts

6 years ago

Ofwat: Companies must prove appeals are about customers not profits

6 years ago

Utility of the Future: Where are we going to find the workers of the future?

6 years ago

Anglian and Northumbrian appeal to CMA

Anglian and Northumbrian's decisions to ask Ofwat to refer their final determinations to the CMA have taken the number of appeals to an unprecedented four. Meanwhile, Thames has said that while it “carefully considered” a CMA referral, it ultimately judged that this would be a “significant management distraction” at a key time. Southern also "reluctantly" accepted Ofwat's terms.

6 years ago

EA begins criminal prosecution against Southern

6 years ago

Centrica announces interim chairman as Berry takes leave of absence

Centrica chairman Charles Berry is taking a leave of absence due to an “unanticipated medical condition". The interim chairman is expected to be in place for the next few weeks.

6 years ago

Ofgem revokes order on Outfox the Market

Ofgem has rescinded the provisional order it placed on Outfox the Market which obliged the energy supplier to make a Feed-in Tariff (FIT) payment of nearly £603,000. Outfox has expressed its disappointment with the regulator for publishing a public release prior to the due date.

6 years ago