energy crisis

April 27, 2022

The Energy Security Strategy – a missed opportunity to reduce energy demand and increase resilience?

The Vulnerability Commitment’s signatories include Octopus Energy

April 21, 2022

Ofgem deems BSC Modification P438 on the introduction of sanctions as urgent

Ofgem has approved the request to treat Balancing & Settlement Code (BSC) Modification P438 – which covers the implementation of sanctions – as urgent.

The survey was run by YouGov on behalf of Centrica. Image: Centrica.

April 20, 2022

Consumers support energy supplier credit balance protections, survey finds

The majority of consumers want suppliers to protect their credit balances, according to a new survey from YouGov commissioned by Centrica.

April 20, 2022

Energy crisis 'beyond what this industry can deal with' as suppliers push for greater government intervention

The size and scale of the current energy crisis and the knock on impact on consumer bills is now “beyond what this industry can deal with”, according to ScottishPower’s CEO Keith Anderson.

Strong wind generation has helped keep the grid secure over much of the winter so far. Image: Pxfuel.

April 19, 2022

ECIU cautions that barriers to onshore wind could cost £10bn by 2035

The Energy and Climate Intelligence Unit (ECIU) has criticised the lack of governmental support for onshore wind, highlighting that by 2035 the shortfall in the rollout of the technology could cost each household £125.

Octopus Energy has also invested £10m into a research and development centre for heat pumps. Image: Octopus Energy.

April 13, 2022

Octopus Energy acquires heat pump manufacturer RED in move to create ‘Model T moment’ for sector

Octopus Energy has acquired heat pump manufacturer Renewable Energy Devices (RED), as it targets cost reductions through expansion.

April 7, 2022

British Energy Security Strategy labelled ‘a missed opportunity’ as short-term measures absent

The government’s British Energy Security Strategy has been met with criticism from the energy sector, having been described as a “missed opportunity.”

Nigel Pocklington, Good Energy CEO (above). Image: Good Energy.

March 29, 2022

Sale of Good Energy generation assets to provide wholesale market buffer as supplier becomes 'substantially debt free'

Good Energy is renewing its focus on decentralised energy and mobility as its financial results show it has now become debt free on a net basis due to the sale of its generating portfolio.

March 28, 2022

RenewableUK, charities call for government to boost onshore wind through planning reforms

RenewableUK and a selection of charities have separately called for the government to enact planning reforms to support onshore wind.

March 25, 2022

ScottishPower to exit I&C market amid 'unprecedented challenges'

ScottishPower is pulling out of the industrial and commercial (I&C) energy supply market as challenges continue across the sector.

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