Centrica has warned that it will face “some pressure” next year as Ofgem’s price cap bites, sending shares plummeting in early morning trading.
Articles tagged with: centrica
Centrica has made investments in two cutting edge energy tech firms as it targets a more concentrated domestic energy flexibility business.
Energy giant Centrica is bidding to super-charge its electric vehicle ambitions with the creation of a new e-mobility team.
Centrica has formally announced the completion of its 49MW Roosecote battery storage project, 18 months after construction started.
Uber, Centrica and an unnamed parcel carrier firm are participating in a new, Ofgem-backed trial which will assess the impact of up to 3,000 electric vehicles on local grids.
Local energy marketplaces and their interaction with existing licensing regimes have proven a particular area of interest within Ofgem’s regulatory sandbox initiative, with BP and British Gas named amongst its new participants.
Installations of solar and battery units are underway in Cornwall as part of a local energy project setting out to prove that distributed energy resources can power homes and businesses in the region via a smart digital aggregation platform.
Centrica has appointed former BP CFO Richard Hookway chief executive of its business division, where he will head up the company’s distributed energy and power (DE&P) activities in the UK as part of his responsibilities.
An NHS Trust has awarded six companies a place on a new energy storage framework to provide public sector bodies with a model for implementing behind-the-meter (BTM) projects.