OVO Group revenues topped £1 billion for the first time in 2018, but the energy firm slipped to a loss for the year as its customer base grew.
Octopus Energy and Co-op Energy have agreed a significant strategic energy partnership which will Octopus take on more than 300,000 additional customers.
Shell has bid to ramp up its interest in energy retail markets with a bid to buy major Australian energy supplier ERM Power.
With npower shelling jobs and even the quickest-growing independents struggling to turn a profit, it’s becoming increasingly clear that margin-based business models are a thing of the past. Liam Stoker reflects on a week which has proven the direction of travel for energy suppliers lies away from pure commodity sales.