Exclusive: Good Energy chief slams poorly run companies in worsening market crisis February 22, 2022 The energy crisis has been worsened by poorly managed energy firms and price competition, argues Good Energy boss Nigel Pocklington.
Ofgem appoints Yü Energy Retail to take on customers from two fallen firms February 21, 2022 Yü Energy has taken on customers from fallen suppliers Whoop Energy and Xcel Power - boosting its books with 550 customers.
Government rolls out further £200 saving to low income households with £67m insulation plan February 21, 2022 Thousands households will benefit from a further reduction in energy bills as part of the government’s insulation upgrade plans.
Ethiopia starts producing electricity from Africa’s biggest hydropower plant February 20, 2022 Ethiopia has started producing electricity at its Grand Ethiopian Renaissance Dam, a massive hydropower plant on the River Nile.
Wind farms paid to halve electricity output to prevent energy grid being overwhelmed February 20, 2022 Wind farms have been paid to stop producing electricity, according to research published in The Sunday Telegraph.
Macron to prop up EDF with over €2bn after imposing price cap on energy firm February 18, 2022 The French government will pump over €2bn into struggling energy giant EDF following its decision to limit its ability to take profits.
Two more energy firms bite the dust as market crisis deepens February 18, 2022 Whoop Energy and XCel Power have ceased trading, with Ofgem pledging to protect its customers and designate a new supplier.
Ofgem challenged by administrators over suppliers’ billions February 16, 2022 Ofgem is under pressure from a trio of administrators that are challenging its status as a creditor in multiple energy firms.
Hydrogen group raises £30m in stellar debut on London Stock Exchange February 16, 2022 UK-based green hydrogen group CPH2 has raised £30m on the London Stock Exchange during its first day of trading on the AIM market.
Suppliers could be charged for luring new customers under fresh Ofgem intervention February 16, 2022 Energy suppliers could be forced to pay a levy when acquiring new customers, under freshly announced time-limited measures unveiled by Ofgem. The regulator has intervened further in the energy industry, with the introduction of the market stabilisation charge. It will mean that when suppliers attract customers from an existing energy firm, they will have to [...]