As part of Ofgem’s fourth “deep dive” into energy supplier standards, the energy regulator found all 17 of the UK’s largest energy suppliers to have weaknesses in consumer practices.

British multinational oil and gas company Shell recorded its “highest-ever” annual profits in 2022 amounting to £32.2 billion, with only £1.86 billion estimated to be paid via the UK and EU’s windfall taxes for the year.

The third wind farm of Ripple Energy’s consumer-owned energy project, which allows consumers to buy and co-own a source of renewable energy generation, has received 16,000 reservations for its seven day purchase priority window.

​Octopus Energy Group more than doubled its revenue in the full-year 2022 from a year earlier, lifted by the strength of its Kraken billing platform business and rising customer numbers.

National Grid ESO has released its Electricity Ten Year Statement (ETYS) 2023 publication, forecasting strong capacity growth for the Electricity Transmission System particularly in Scotland, North Wales and East Anglia, but also highlighting concerns over interconnector infrastructure in the South of England.

The Energy Networks Association (ENA) has identified improved transparency, easier participation and improved coordination as key objectives in 2023 for its Open Networks plan.

Britain’s interconnector capacity reached record levels this January, transporting 2.6TWh of power through the National Grid’s five subsea cables connected to France, Belgium, The Netherlands and Norway.

National Grid ESO announced a Demand Flexibility Service (DFS) test today (31 January) between 17:30 and 18:00, following yesterday’s test (30 January) which took place between 09:00 and 10:00.