Exclusive: Rival firm urges Octopus and Ovo to ringfence Bulb’s customers October 25, 2022 A rival supplier has slammed the two prospective bids for fallen firm Bulb Energy, labelling them a “significant risk to all energy bill payers.”
Scottish Power calls for Bulb auction to be scrapped and restarted October 24, 2022 Scottish Power has slammed the Government's handling of the sale of Bulb accusing them of distorting competition in the energy sector.
Bulb bidder Ovo Energy was on Ofgem’s nationalisation watchlist October 23, 2022 Ofgem was preparing for the potential nationalisation of Ovo Energy this summer, with the supplier considered at risk of failure.
Heads of nine key energy firms warn bill ‘threatens to undermine’ regulation in sector October 21, 2022 The heads of nine major energy companies have voiced “increasing concern” about a bill which “threatens to undermine strong, independent” regulation of the sector. In a strongly-worded letter to Jacob Rees-Mogg MP Secretary of State for Business, Energy and Industrial Strategy (BEIS), they urge the government to rethink measures Energy Prices Bill. The bill is [...]
The Italian Job: Octopus announces joint green energy venture with Nesta October 19, 2022 Octopus Energy Generation has continued its expansion plans into Europe, deepening its role in Italy’s green power market.
Octopus edges toward Bulb takeover as £4bn saga nears its end October 8, 2022 Octopus is edging closer to taking over fallen rival Bulb, bringing to an end the biggest state bailout since RBS in 2008.
Octopus snaps up two German wind farms in European push September 29, 2022 Octopus Energy Generation has announced two new deals for German onshore wind farms worth a combined 57GW.
Octopus Renewables continues buying spree amid market volatility September 28, 2022 Octopus Renewables Investment Trust has eased through market volatility to complete four acquisitions and grow its net assets.
Breezy does it: Government eases planning rules to boost onshore wind September 23, 2022 Energy bosses have welcomed the Government's decision to relax planning rules around onshore wind developments.
Octopus unveils £40m support package to ease standing charges September 19, 2022 Octopus Energy has rolled out a £40m package to lower the burden of standing charges facing households this winter.