sse

SSE and innogy have been forced to renegotiate and possibly delay the proposed merger of their supply divisions, laying the blame squarely at Ofgem’s looming price cap.

The proposed merger of the supply divisions of SSE and Npower has been given the all clear from the Competition and Markets Authority following a five-month investigation.

Utility firm SSE has selected Origami Energy to support the launch of a new virtual power plant which will provide flexibility services to its C&I customers.

Utility SSE has warned that its H1 profit for 2018/19 will fall by around half year-on-year against a backdrop of warm, still weather.

​The merger between SSE’S retail energy business and Npower has been provisionally approved by the Competition and Markets Authority (CMA) after it was found that the deal would have little impact on pricing or consumer choice.

SSE and innogy have continued to make top-table appointments to their would-be merged supply entity, identifying a chief financial officer designate.

SSE has become the last of the ‘Big Six’ energy suppliers to announce price rises this spring, pointing the blame at the spiralling “cost of supplying energy”.

Scottish and Southern Energy (SSE) has doubled down on its efforts to reduce its power’s carbon intensity, aiming to halve its emissions per kilowatt hour once again by 2030.

The Competition and Markets Authority (CMA) has referred the proposed merger of SSE’s retail division with Npower for an in-depth investigation.

The Competitions and Markets Authority is seeking new assurances from both SSE and Npower over their proposed merger, considering that the move could be detrimental to consumers.