Flowgroup, owner of the domestic supplier Flow Energy, is facing a shareholder revolt with Ovo Energy said to be interested in acquiring the subsidiary.
The heads of some of Europe’s most significant energy companies and associations have urged the UK and the European Union to place continued energy alignment as a priority during Brexit negotiations.
German power giants RWE and E.On confirmed they have reached a contractual agreement for their proposed major asset exchange, but a late expression of interest from Macquarie could yet scupper the deal.
OVO Energy has launched a suite of “revolutionary” products under its proprietary digital intelligence platform, including what has been called the world’s first widely available domestic vehicle to grid (V2G) charger.
BP has pledged to follow an energy transition strategy “resilient to a broad range” of scenarios, refusing to bow to pressure against its gas activity and holding up its acquisition of a stake in a solar developer as evidence of its low carbon activity.
Electron has promoted Paul Massara to the position of chief executive as the blockchain tech company prepares to grow in both the UK and internationally with new investment.
Oil and gas giant Shell has revealed how it plans to adapt to the low carbon energy transition in the coming years, explaining how it intends to work backwards from the consumer while embracing renewables.
BayWa r.e. has launched a new energy technologies division for the venture capital market, looking to fund the early development of startups working on new digital solutions, storage and e-mobility.
Scottish Power has come under scrutiny from the demand side response (DSR) sector after proposing to Ofgem that de-rating factors applied to large scale battery storage should be extended to those used to provide DSR in the Capacity Market.