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Scottish and Southern Electricity Networks (SSEN) Distribution will invest around £4bn over a five-year period across its network.
Energy firms that rescued stranded customers from fallen suppliers since September can now submit claims for incurred costs.
Ofgem could bring in “fit and proper” tests and capital requirements for suppliers as soaring wholesale costs wreak havoc with the market.
UK households could be on the hook for £3.2bn to fix the energy market meltdown which has already affected four million customers.
BP is boosting renewable production in Teeside with plans to turn the area into the UL's green hydrogen hub.
Two more energy firms were engulfed by the ensuing wholesale price crisis that has caused over 20 energy firms to collapse since September.
Octopus Energy (Octopus) is going full-steam ahead with its European expansion plans, wading into the Italian energy market.
The Dutch company will take full control of the UK-based energy firm, which has a network of about 2,330 service stations across Africa.
Nearly £1.7bn is set aside by the government to allow Bulb to continue supplying energy to its customers as it tumbled into administration. In court on Wednesday, the company was put into special administration, which will allow it to continue to trade for the time being. The £1.69bn loan will be set aside by Government [...]
Sequoia dramatically switched the administrators of Bulb's parent company as it looks to reclaim £55m owed by the doomed energy supplier.
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