Ovo 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 ReadingThose watching the news recently may have noticed some ongoing issues with the domestic energy supply market. Wholesale prices have soared, causing a…
Continue ReadingMajor figures warn that Cop26 climate talks will not fulfil aims of Paris agreement
Written by Harry in Climate Change
Key players in the Cop26 climate talks have admitted that the talks will not be able to fulfil the goals of the Paris…
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…
Continue ReadingFive Energy Suppliers Warned by Ofgem for Unpaid Green Taxes
Written by Lauren Smith in Energy Suppliers
Five energy suppliers have missed a deadline to pay into the feed-in tariff (FiT) scheme, suggesting financial difficulty that may foretell their failures.
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