National Grid’s profit surges to £4.4bn as WPD acquisition boosts company
National Grid’s statutory operating profit was up 82% for the 2021/22 financial year to £4.4 billion, boosted by the acquisition of Western Power Distribution (WPD).
Articles tagged with: covid-19
Centrica’s profit soars 112% amid high oil and gas prices
Centrica’s adjusted profit has soared by 112%, jumping from £447 million to £948 million following the surge in oil and gas prices.
EDF UK reports significant losses due to high global gas prices
EDF UK has reported significant losses for 2021 due to the ongoing impact of COVID-19 and high global gas prices.
Alfen’s earnings jump 51% as ‘strong momentum’ expected to drive energy storage growth
Last year saw Alfen record strong electric vehicle (EV) charging growth despite ongoing supply chain pressure, its full year financial results show.
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Smart meter installation rates jump 21% in 2021 as rollout bounces back from lockdowns
The installation of smart meters in Britain jumped 21% in 2021, largely recovering from the impact of the COVID-19 pandemic.
Five things we learned at the EnTech World Congress 2021
Following four packed days of panels and talks at this year’s EnTech World Congress, Current± took a look at some of the key takeaways.
Good Energy sees growth in revenue, profit and customer numbers
Good Energy has seen its gross profit increase by 19.4% during the first six months of 2021, growing to £17.7 million.
EDF increases tariffs by 12% following price cap jump
EDF has become the first supplier to raise its energy prices, following Ofgem announcing an increase in the price cap at the beginning of this month.
Price cap to jump by £139 as energy costs increase 50% in six months
Ofgem has confirmed that the default price cap will rise again in October, as energy prices hit record highs amid the world emerging from lockdown.