Company strategy

Smart meter rollout at ‘breakeven’ point

Alongside its decision to extend the smart meter rollout deadline to 2024, BEIS has published its 2019 cost benefit analysis of the scheme. The government has said the rollout is now at a "breakeven" point.

EU decision on Eon/ Npower deal expected this week

The European Commission is set to announce its decision on Eon's acquisition of the majority of shares of Innogy this week. As part of the deal, Eon would take over Npower in the UK, taking the big six to a big five.

Smart meter deadline to be extended to 2024

Moltex bags £6m of crowd-funding for molten salt reactor

Public sector missing out on £5.6bn in energy efficiency

Investors nearing deal to buy 20% stake in UK nuclear fleet

Price of SSE deal with Ovo is ‘too low’

An industry analyst has told Utility Week he believes cost per account of the proposed deal between SSE and Ovo Energy undervalues the former's retail arm.

Helping cities meet demand

Southern bucks complaint trend with 40% reduction

Southern Water has been named as one of the UK's top ten companies for dealing with complaints

Ovo to use SSE brand following transaction

SSE has agreed a deal with Ovo Energy to sell its retail arm to the challenger supplier for £500 million. Ovo has given an update on the transitional period following the proposed deal with SSE.

Questions remain over future of SSE’s retail leadership team

Katie Bickerstaffe was announced as the executive chair of SSE Energy Servcies earlier this year. Following last week's deal, her future role remains unclear.

Five energy suppliers ‘expected to fail’ in Q4 2019

Industry experts say five companies are at 90 per cent risk or higher of failing in Q4 2019. This is in addition to the six who have already exited the market this year.

Is RIIO2 going according to plan?

Fernando Dominguez says network companies should expect the unexpected when preparing their RIIO2 business plans with net zero in mind.

Ovo buys SSE’s retail arm for £500m

The deal, which will see all 8,000 employees at SSE Energy Services transferred to Ovo, is expected to complete later this year or early 2020. It means Ovo will become the UK's second-largest energy supplier.

Breaking Ground: Yorkshire Water awards £1bn frameworks plus other projects

From National Grid's 160 metre Humber tunnel to Yorkshire Water's billion pound investment, there are plenty of projects happening in and around the utilities sector. Utility Week takes a look at some in our weekly roundup.