Supply

​Pozitive Energy, SmartestEnergy, Utilita, British Gas and Yü Energy have all been appointed as Suppliers of Last Resort (SoLR) by Ofgem for the most recent energy suppliers to have shuttered.

Octopus Energy Group is aiming to raise £4 billion to fund a global expansion of its ‘Fan Club’ tariff model and support gigawatts of associated renewable energy projects through 2030.

​Trade association Scottish Renewables has called for reforms to the planning process to enable greater onshore and offshore wind capacity.

​Five more suppliers have defaulted out of Elexon’s Balancing and Settlement Code (BSC), as energy suppliers continue to struggle amid market pressures.

The number of domestic energy suppliers has fallen by over half from 47 to 25 since the start of 2021.

EDF is to move its five million customers onto Octopus Energy’s Kraken platform from the summer of 2023.

A new $1.4 billion (£1 billion) fund for Shell Ventures is to be invested in businesses accelerating the energy transition.

​Omni Energy, MA Energy, Zebra Power and Ampoweruk are the latest suppliers to go under as the supply market continues to shrink.

National Grid ESO is to publish the carbon intensity of its balancing actions for the first time as part of a new electricity system dashboard.

​Bluegreen Energy Services has become the first supplier to fail in November, leaving around 5,900 domestic customers and a small number of non-domestic customers to be picked up by the Supplier of Last Resort (SoLR) mechanism.