Naftogaz asks creditors to defer debt payments as Russian invasion takes its toll on energy giant July 13, 2022 Ukraine's state-owned energy giant is struggling for cash, with many of its customers unable to pay their bills following Russia's invasion.
Ofgem demands suppliers refund customers overcharged on direct debits July 13, 2022 Ofgem has demanded six domestic energy supplies take action over customers' direct debits, including refunding overcharged energy users.
North Sea operator Serica Energy rejects £1bn merger proposal from Kistos July 12, 2022 Serica Energy has rejected a £1bn merger proposal from Kistos, which is looking to expand its presence in the North Sea.
Drax submits plans to build world’s largest carbon capture and storage project July 12, 2022 Drax has submitted plans to build two bioenergy units at its power station in Selby, which includes carbon capture and storage facilities.
Octopus Energy to take on customers from collapsed firm as market crisis continues July 12, 2022 Octopus Energy has been selected by watchdog Ofgem to take on customers from another collapsed energy firm.
Energy bodies call for boost in grid infrastructure after Ofgem unveils plans for new system operator July 12, 2022 Leading industry bodies have welcomed Ofgem's proposal for a new overseer of strategic planning for the UK's energy system.
Exclusive: Ringfencing benefits the big players, warns Good Energy boss Nigel Pocklington July 11, 2022 Good Energy has waded into the industry debate over ringfencing customer credit balances, warning the will add costs to people’s bills.
EDF cyber security ‘shortfalls’ see energy giant placed under further monitoring July 10, 2022 FRENCH Power Giant EDF is being scrutinised by the UK’s Office for Nuclear Regulation (ONR) after it identified shortfalls in the firm’s cyber security defences. Following a number of routine inspections over the past year, the regulator said it had found “shortfalls in governance, risk and compliance and certain technical controls” at EDF and that [...]
Germany begins energy rationing as gas prices spike July 8, 2022 Local authorities in Germany have begun rationing energy, dimming street lights and closing swimming pools to cope with soaring gas prices in the wake of Russia’s move to slash energy supplies.
Delayed: Sizewell C nuclear power plant decision pushed back amid Westminster turmoil July 7, 2022 The Government has delayed making a decision on whether to approve a new nuclear power station at Sizewell in Suffolk.