Company strategy

Ecotricity sells rest of EV network to Gridserve

Gridserve has bought the remaining stake in Ecotricity’s Electric Highway less than three months after purchasing a minority stake in the business. The electric vehicle (EV) network was established in 2011 by the green energy supplier and it was revealed in March this year that Gridserve was to invest in the company and upgrade its charging infrastructure.

Covid financial impact ‘may take years’ to feed through

Eon unveils EV salary sacrifice scheme

Just 17% of tariffs available to smart meter customers

How can utilities accelerate the UK’s journey to net zero?

Improving cashflow in the face of bad debt

Repurposing customer service for net zero

So Energy unveils solar storage solution

Pennon acquires Bristol Water

It ain’t what you do…

Government extends smart meter obligation

Octopus warns UK disruptors may be forced to seek growth overseas

Octopus Energy chief executive Greg Jackson has told Utility Week the company may have to invest in growth overseas because of the slow pace of market reform in the UK. Jackson said he was animated by the future of energy but cautioned “I’m not excited about the pace of change and the market structures that disincentivise innovation”.

‘Only a matter of time’ before loyalty penalty ban in energy

Water trade bodies to merge

United Utilities to sell renewable energy business

United Utilities has put its renewable energy business up for sale, with the process expected to commence in June. The water company said the disposal of its renewable energy assets - valued at £65.5 million - will allow it continue to benefitting from their output while reinvesting the proceeds in other low carbon projects.