Finance and investment

UKPN: COP should be the inflection point

‘Maths doesn’t add up’ on credit balance plan

Trialling open banking: tales from two utilities

Elexon to expel another supplier from BSC

Malaysian utility buys 49% stake in Blyth offshore wind farm

Annual net-zero investment expected to peak at over £60bn

Shell Energy takes on Pure Planet’s customers

Climate concerns dominate public investment priorities

Octopus and RES to pump £3bn into green hydrogen

Small ships in a turbulent sea: The viability of assetless electricity retailers

Gas shipper CNG to halt supplies to retailers

Process emissions: Sizing up the challenge

Gas and coal generators saw huge windfall from September price spikes

The power price spikes in September brought massive windfalls for gas and coal generators, with a number of power stations each raking in tens of millions of pounds in profit during the month, according to analysis by LCP. Rajiv Gogna, a partner at the consultancy, said its monthly ranking of estimated profits by generators was “completely dominated” by combined-cycle gas turbines (CCGTs) and coal plants.

Customers in debt may face ‘unintended risks’ following SoLR process

A lack of regulatory clarity over how consumers in debt are treated when their supplier fails could lead them to face “unintended risks”, a former Labour shadow chancellor has warned. Chris Leslie, who is current chief executive of the Credit Services Association trade body, has written to Ofgem boss Jonathan Brearley calling on the regulator to issue guidance on how the administrators of failed suppliers should deal with customers in debt.

Shell Energy blames ‘unsustainable’ pricing as losses triple