SSE’s thermal generation fleet lost more than £22 million in the company’s last financial year, leading the utility to laud its networks and renewables business units.
Innogy said it was seeking closure on the “unusual situation” of being in the middle of the RWE/E.On asset swap, while its npower retail division continued to suffer at the hands of a “persistently poor” UK market.
Chancellor of the Exchequer Philip Hammond has been urged to throw the Treasury’s clout behind a transformation of energy and transport networks described as “once-in-a-generation”.
A regulatory overhaul, a level playing field for low carbon technologies and more ambition in decarbonised heat are among the key asks from Energy UK as it seeks to set a path for energy suppliers to deliver a low carbon revolution.