Innogy saw its first-half income cut by more than a quarter (26.3%) year-on-year as losses from its UK-facing npower unit spiralled.
The government is to launch a formal investigation into last week’s power cut which left nearly 1 million customers without power.
OVO Group is in discussions with SSE to acquire its UK-facing energy supply business, it has been revealed.
The sudden loss of nearly 2GW of generation triggered a stress event and power cuts experienced up and down the country on Friday evening (9 August 2019).
A strong carbon price is "essential" but can’t facilitate decarbonisation alone, the Committee on Climate Change (CCC) said.
E.On has seen a 12% decline in half-year earnings, with its customer solutions unit being the hardest hit as earnings halved.
Ørsted remains on track to deliver what it’s described as “one of the most ambitious green transformations” in the energy sector after it reported steady growth in H1 2019.
SSE Enterprise Telecoms has partnered energy monitoring firm Synaptec for real-time network analysis trials that will support future smart grids.
The oil and gas sector has been put on notice by global bank BNP Paribas, which has warned them in a new report that the “irresistible” economics of combining renewables with EVs is “the death toll for petrol”.