E.On results hit by npower acquisition as income falls and debt rises
E.On's Q3 results show a 3% year-on-year drop in income, with 4,500 npower jobs to go as the supplier rings in changes.
Articles tagged with: utility
Microsoft, Snam to improve network efficiency with IoT
Tech giant Microsoft and European natural gas utility Snam have formed an agreement to improve the efficiency and safety of energy networks.
SSE creates new renewables unit to ‘maximise’ the utility’s contribution to UK decarbonisation
SSE has spun out its renewables activities into an entirely new unit, SSE Renewables, as it bids to lead on low carbon energy.
With tariffs skyrocketing and zero marginal cost generation increasing its share, the notoriously difficult energy retail sector is facing quite the conundrum. But are telecoms-esque subscription models the answer? David Pratt seeks to find out.
Ofgem opens the door to ramped-up supplier licence conditions
Ofgem has opened the door for more stringent financial and consumer service-related licensing standards, potentially making it tougher for prospective energy suppliers to enter the market.
David Hill, commercial director at Open Energi, takes a look at the nascent ‘Energy as a Service’ business model and how the supply innovation could allow the energy transition to take hold.
‘The kilowatt hour must die’: Suppliers urged to embrace energy as a service model
Energy suppliers have been urged to adopt ‘energy as a service’ models in order to help further the energy transition, with one industry representative calling for the end of bills measured in kilowatt hours.
SSE/Npower merger set for in-depth investigation
The Competition and Markets Authority (CMA) has referred the proposed merger of SSE’s retail division with Npower for an in-depth investigation.
Vattenfall brings customisable wind farm PPAs to market
Vattenfall is bringing customisable power purchase agreements (PPAs) to business customers in Britain as part of a “new approach” to corporate energy sourcing.