Finance and investment

Elexon expels two suppliers from BSC

Bulb exploring options as energy crisis intensifies

Kwarteng to hold emergency talks with Ofgem

Will soaring wholesale costs take us back to a ‘big six’?

Energy suppliers desert PCWs as pressures mount

Anglian’s route to net zero: Green finance, process emissions and strength in numbers

SMS announces £175m equity raise

Hydrogen projects ‘could create 25,000 jobs by 2032’

Larger suppliers are ‘really hurting’ from soaring wholesale costs

Elexon looks to hike Credit Assessment Price to £137/MWh

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.

Hitting back at rising consumer debt: the role of open banking

Rise in interest rates would ‘substantially’ increase net zero costs

Tidal turbine firm Nova Innovation secures £6.4m investment