Company strategy

Companies ‘cannot continue to use Covid as an excuse’

Avro Energy ordered to hand over financial details

SMS announces £175m equity raise

Ofgem confirms fourth supplier failure in a week

Haven Power rebranded as Drax

Human beings are a leader’s area of expertise

Larger suppliers are ‘really hurting’ from soaring wholesale costs

Centrica announces plans to recruit 2,500 more apprentices

COP26: Technology investment and digital strategy key to 2030 net zero ambitions

Liquidity has become ‘primary concern’ for energy suppliers

Ofwat: We recognise real transformation comes at a cost

The Ofwat director heading up PR24 has urged water companies to put forward bold solutions in the next price control but emphasised these must be set in a long-term context. Aileen Armstrong, senior director at the regulator, stressed the need to look beyond heavy infrastructure as the answer to all problems but accepted that this would come at a cost. She said she expected companies to look at spreading these costs over current and future generations.

UKPN to use AI to identify thousands facing fuel poverty

Pauline Walsh steps down from Affinity Water

BEIS identifies heat network ‘opportunity areas’

Ofgem confirms two more supplier failures