Ofgem has opened the door for more stringent financial and consumer service-related licensing standards, potentially making it tougher for prospective energy suppliers to enter the market.
Flowgroup, owner of the domestic supplier Flow Energy, is facing a shareholder revolt with Ovo Energy said to be interested in acquiring the subsidiary.
Clean energy supplier Bulb has called on the government to remove the “loophole” that would exempt green energy tariffs from the looming tariff price cap.
German energy giants E.On and RWE have reached an agreement on a major exchange of business activities, promising a significant shake-up of the duo’s energy interests.
