Centrica has warned that it will face “some pressure” next year as Ofgem’s price cap bites, sending shares plummeting in early morning trading.
ScottishPower has lauded a “pivotal year” after its renewables business surged and its liberalised power supply business bucked the market trend to report a near trebling in earnings.
EDF Energy has reported an earnings rebound for 2018, driven partly by record renewables output.
Renewables will be the world’s principal source of power by 2040 and are penetrating world grids faster than any other energy source in history, O&G major BP has said.
OVO Energy, one of the major challengers to the Big Six, has confirmed a strategic investment from global tech giant Mitsubishi.
The UK is at growing risk of missing legally binding climate targets after the pace of decarbonisation slowed last year, new analysis has concluded.
Good Energy is to partner with battery storage specialists Belectric and Powerstar for its commercial energy storage offering.
Energy firm SSE has issued a profit warning after it revealed the suspension of the Capacity Market is expected to result in a £60 million shortfall in this financial year.
EDF Energy has confirmed it will close the 2GW Cottam coal plant at the end of September, blaming “challenging market conditions” and the country’s decarbonisation drive.