Centrica shares plummet to 20-year low as retail pressures loom
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 sets sights on domestic energy flexibility with new investments
Centrica has made investments in two cutting edge energy tech firms as it targets a more concentrated domestic energy flexibility business.
Centrica ‘super-charging’ EV ambitions with new e-mobility division
Energy giant Centrica is bidding to super-charge its electric vehicle ambitions with the creation of a new e-mobility team.
Centrica celebrates completion of 49MW Roosecote battery
Centrica has formally announced the completion of its 49MW Roosecote battery storage project, 18 months after construction started.
Uber, Centrica join ‘world’s biggest’ electric vehicle impact trial
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.
BP and British Gas named among new regulatory sandbox participants as energy marketplaces take off
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 underway to test Centrica's localised energy marketplace in Cornwall
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 welcomes BP exec at 'interesting time' for distributed energy business
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.
Six suppliers awarded to public sector energy storage framework by NHS Trust
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.