Company strategy

Latest

Council-owned energy company folds after no buyer found

Portsmouth Council has admitted defeat in trying to find a buyer for Victory Energy and informed the directors it will no longer provide financial support.

6 years ago

XR activist: Rebellions are fundamentally unreasonable

Extinction Rebellion has attracted criticism for its "unrealistic" target of hitting net-zero emissions by 2025. However, as one of its members tells Greg Jones, the group's role is to ensure against complacency and push for any acceleration of the timeline. He also stresses that citizen's assemblies will move matters faster than politicians ever will.

6 years ago

Help is on hand, but who needs it?

Utilities are increasingly being charged with helping vulnerable customers, but identifying those in need and engaging with them is a complex task. Jane Gray reports from Utility Week's Consumer Vulnerability Conference.

6 years ago

SPEN appoints former Ofgem director as chair of CEG

John Howard previously served as a non-executive director at Ofgem where he was a member of the energy regulator’s RIIO1 price control committee. Howard also helped formulate the regulator’s definition of consumer vulnerability.

6 years ago

SPEN and SSEN announce £7.5m EV partnership with Scottish government

The new partnership will see additional public charge points rolled out across the network in central and southern Scotland. Scottish first minister Nicola Sturgeon said the deal highlighted the “critical role” that networks have in delivering a zero carbon energy system.

6 years ago

JLEN buys £15m Norfolk anaerobic digestion plant

6 years ago

Corbyn adviser: ‘We have to break the grip of the energy cartel’

Alan Simpson is the former Parliamentary ally and now sustainable economics adviser to Labour leader, Jeremy Corbyn. He talks to Utility Week about his anger at the abolition of feed in tariffs and why the UK needs to "replicate the Victorian system in an age of clean energy".

6 years ago

Octopus and Co-op deal ‘could be worth £60m’

The deal struck between Octopus and Co-op Energy will see the former acquire 300,000 more customers, with Co-op Energy retaining the brand. Industry sources have told Utility Week that the deal could be valued at between £30 and £60 million.

6 years ago

Almost one in five smart meters ‘dumb’

6 years ago

Octopus acquires 300,000 customers of Co-op Energy

The deal, which was for an undisclosed sum, sees Co-op's customer base triple from 300,000 to 1 million.

6 years ago

Millions of smart meter owners are ‘facing issues with devices’

6 years ago

Ovo announces end of white label agreements after ‘profound market changes’

The challenger brand, which is believed to be bidding for SSE's retail arm, has revealed it is closing its white label brands this summer due to its communities model proving "difficult to scale". The supplier said "profound changes" in the energy market over the past five years had impacted Peterborough Energy, Fairerpower and EnergySW.

6 years ago

Bristol Energy confirms permanent MD

The challenger supplier's interim managing director has been given the role on a permanent basis, as the company hits the milestone of 100,000 customers.

6 years ago

B is now for blackout – but how will this backstop be solved?

Utility Week magazine editor Suzanne Heneghan considers what next for the energy system following Britain's biggest blackout in a decade

6 years ago

Lease extensions agreed for seven offshore wind farms

6 years ago

Firm frequency response ‘saved the day’ during grid blackouts

Writing in the company’s annual results to 30 June today (28 August) John Leggate, chairman of Gresham House Energy Storage Fund, said FFR services avoided a far worse outcome.

6 years ago

Natural flood defences trialled in Leeds

6 years ago

Government announces £300m investment for green transport

The funding, announced by BEIS, will be invested in cleaner forms of transport including flying taxis and electric passenger planes.

6 years ago

Severn Trent installs final bypass pipe in Birmingham Resilience Project

The bypass pipes are needed while essential maintenance work is carried out on the Elan aqueduct in Wales.

6 years ago

Final cost of Race Bank project revealed

Diamond Transmission Partners was chosen by Ofgem as the preferred bidder in the fifth round of competitive tenders under the offshore transmission owners (OFTO) regime.

6 years ago

Load More