Finance and investment

Latest

Suppliers missed RO deadline leaving £163m shortfall

A total of 36 energy retailers missed the deadlines to meet their Renewables Obligation (RO) this year, leaving a £163 million shortfall. Ofgem has so far pursued just one supplier over its failure to pay and has not revealed if mutualisation will be triggered this year.

2 years ago

Local wholesale pricing is ‘big risk’ for investment

2 years ago

New net zero index shows lack of confidence in climate targets

2 years ago

Supplier ordered to pay £530k in RO payments

2 years ago

No room for complacency despite falling gas prices

2 years ago

Charities’ concern as £25m in energy support yet to be redeemed

2 years ago

Octopus takes on Bulb’s 1.5m customers

2 years ago

Manufacturing problems see ITM Power shares plummet

Shares in electrolyser company ITM Power have plummeted in value after the company warned in a trading update that problems with the production of its latest stack would leave a dent in its earnings. Utility Week discussed the issues with the company's chief technology officer Dr Simon Bourne.

2 years ago

Government taking ‘lax approach’ to climate impacts on infrastructure

2 years ago

Ofwat encourages equity raising to finance investment

David Black, Ofwat's chief executive, has told investors he expects that water companies will need to raise equity as well as debt to finance the investment needs of the next price review from 2025. Black also said it is "extraordinary" that companies have not recognised the benefits of linking executive pay to performance, something they will be required to do as part of their licence conditions for PR24.

2 years ago