The government has accelerated the UK’s plans for removing fossil fuels from its power grid, a move touted as a means to improve…
Continue ReadingOmni Energy Switched Unprofitable Customers Without Consent
Written by Lauren Smith in Energy Suppliers
A struggling energy supplier transferred thousands of unprofitable customers to rival companies without their express consent, as it attempted to avoid becoming the…
Continue ReadingSoaring gas and electricity prices and the outage of a subsea cable to France have increased the risk of power cuts to homes…
Continue ReadingOvo is reportedly preparing a bid for stricken rival Bulb, an acquisition that would cement the Bristol-based company’s position as a new giant…
Continue ReadingSSE’s renewable assets produced a third (32%) less electricity than expected between April and September, as historically low winds and dry weather hit…
Continue ReadingBulb Draws Criticism for Hiking Direct Debits by Up to 80%
Written by Lauren Smith in Energy Suppliers
Bulb is reportedly hiking customers’ monthly direct debits by as much as 80% despite them being in credit, leaving some alleging the struggling…
Continue ReadingOfgem Readies Special Administrator for Failed Major Supplier
Written by Lauren Smith in Energy Suppliers
Anticipating the collapse of a large supplier, energy regulator Ofgem has placed a City firm on standby to step in as a “special…
Continue ReadingBritish households face a collective bill of more than £820 million for rescuing the customers of energy companies that have collapsed in recent…
Continue ReadingOctopus to Take on Customers of Avro Energy, Shell to Take Green’s
Written by Lauren Smith in Energy Suppliers
Ofgem has found two energy suppliers to take over the more than 800,000 customers abandoned by the collapse of Avro Energy and Green…
Continue ReadingGovernment Close to Deal to Oust China and Take Stake in Nuclear Project
Written by Lauren Smith in Nuclear Energy
The taxpayer will take a several billion-pound stake in EDF’s Sizewell C nuclear project, in a deal that will force China General Nuclear…
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