Shell Energy posts £32m loss as ‘unsustainable pricing’ draws customers away
Shell Energy has posted an almost £32 million loss for 2019, pointing to falling customer numbers as competition in the sector remains strong.
Articles tagged with: competition
‘Significant differences’ between National Grid ESO’s tendering and CATO needs, finds report
National Grid ESO has released an update on its Early Competition Plan (ECP), ahead of the implementation of Competitively Appointed Transmission Owners (CATO) legislation.
SSE Npower merger progresses after CMA finds little impact on energy prices or choice
The merger between SSE’S retail energy business and Npower has been provisionally approved by the Competition and Markets Authority (CMA) after it was found that the deal would have little impact on pricing or consumer choice.
‘Socially conscious supplier’ Brighter World Energy cites unsustainable market for closure
Independent energy supplier Brighter World Energy has closed its doors, claiming current market conditions are not conducive to a sustainable business model.