Supply

Gas was the largest source of electricity generation for Britain in November at 31% according to National Grid ESO's monthly electricity statistics, closely followed by wind at 30.7%.

Octopus Energy Group has completed the acquisition of Shell Energy Retail in the UK and Germany from Impello Limited, (Shell).

Iberdrola, Masdar have announced a €15 billion strategic partnership to explore offshore wind and hydrogen projects in the UK, US and Germany.

The UK was one of 118 countries to sign a pledge to treble renewables to 11TW by 2030 at this year's COP28 in Dubai.

Ofgem has hit Hudson Energy Supply UK with a £1,668,426 fine due to “failing its customers by not complying with important licence conditions”.

French energy giant TotalEnergies has acquired a minority stake in Xlinks First Limited via a £20 million investment.

National Grid ESO has revealed that the first Demand Flexibility Service event of this winter will take place between 17:00 and 18:30 tonight (29 November).

Iberdrola, the parent company of ScottishPower, has outlined a £12 billion UK investment plan for 2024 to 2028.

Octopus Energy’s generation arm has taken a 12.5% stake in the 660MW Walney Extension offshore wind farm.

As climate change influences more extreme weather events, an expert roundtable has urged greater consideration be paid to the impact weather conditions have on wind production in the UK.