H1 results

September 15, 2020

Good Energy gross profits fall 13.3% as lower demand bites despite 'strong cash flow'

Higher network costs and the need to sell excess contracted power back has resulted in Good Energy’s gross profit taking a hit.

E.On's adjusted EBIT rose by 9% to €3.2 billion (£2.9 billion).

August 13, 2020

E.On hit by £271m impact of COVID-19 but business remains ‘robust’ says CEO

E.On has seen a €300 million (£271 million) adverse impact from the COVID-19 pandemic, split evenly between networks and its customer business.

Centrica's profit hit £3.308 billion due to gas and nuclear. Image: Centrica.

July 24, 2020

Centrica’s profits continue to fall against ‘unprecedented backdrop of COVID-19’

Centrica’s adjusted operating profit has fallen by 14% in the first half of 2020, with the beleaguered supplier pointing to the impact of COVID-19.

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Greenlink Interconnector begins operations, delay to North-South interconnector threatens clean power targets

Decade of blocked onshore wind cost economy £900 million

Consortium commits £6.5 billion private capital for UK ‘low carbon’ hydrogen production

Jonathan-Brearley-Energy-UK-2021-image-Ofgem

Ofgem approves grid connection reforms to ‘axe zombie projects’

a ring of bubbles around a wind turbine from a top down view

WIND ROUND-UP: RWE deploys bubble curtain, RES Welsh farm to add £26 million to UK economy

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