Company strategy

Only 10% of customers intend to ask supplier for owed credit balances

‘Continued strain’ of price cap takes toll on Scottish Power profits

Scottish Power's retail arm has recorded a £12 million loss for the first quarter of 2022, with the company citing the price cap methodology as causing a strain on earnings. The company, which at the end of March served 4.8 million customers, said earnings before interest, taxes, depreciation and amortisation (EBITDA) fell by £118 million, or 111.5% year-on-year.

Change at the top for UU and ENW

Utilita plots expansion of Energy Hubs

Utility Week data highlights need for action on diversity

BEIS confirms plans to interconnect offshore wind clusters  

On the Move: Ex-National Grid CEO joins NIC

Ofgem considers introducing IDSOs to oversee local networks

It’s time to fix the energy crisis before it’s too late

UKPN announces 292MW flexibility tender

Weekend press round-up: Kwarteng warns Ofgem as suppliers overcharge

In our latest review of stories from across the national media, energy secretary Kwasi Kwarteng urges Ofgem to crack down on suppliers that are overcharging customers. Elsewhere there are revelations about Bulb and Centrica and EDF have slammed administrators for 'aggravating' problems caused by the collapse of energy suppliers.

April price cap saw 50% increase in PCW activity  

Octopus launches ‘dating agency’ to spur windfarm development

Northern Powergrid verified by Science-Based Targets Initiative

Citizens Advice calls for energy advice funding to be pooled