Supply

The Vulnerability Commitment’s signatories include Octopus Energy
February 3, 2021

Investment minister dubs German interconnector ‘vital contribution to UK’s green ambitions’

​Minister for investment Gerry Grimstone has lauded the NeuConnect interconnector being developed between the UK and Germany as “a vital contribution to the UK’s green ambitions”.
Image: Getty.
February 2, 2021

Ofgem increases price cap by almost £24 as 'Adjustment Allowance' is approved

​Ofgem is to adjust the default tariff price cap by almost £24 in response to growing bad debt as a result of the COVID-19 pandemic.
Rachel Fletcher
February 2, 2021

Octopus Energy appoints Ofwat CEO as director of regulation and economics

Octopus Energy has announced the appointment of Ofwat’s Rachel Fletcher as director of regulation and economics.
17 energy suppliers found to have weaknesses in customer practices
February 1, 2021

British Gas Evolve and EDF selected as Suppliers of Last Resort

​British Gas Evolve has been appointed to take on Simplicity’s customers, while EDF takes on Green Network Energy’s, following the collapse of the two small suppliers last week.
Business and the energy crisis: have the measures gone far enough? Image: Pixabay NC.
January 29, 2021

Two more suppliers close leaving over 400,000 customers to Ofgem's safety net

Another two power suppliers have ceased to trade, in what continues to be a challenging market for smaller players.
ADE: ‘recent governmental moves risk undermining positive climate action’. Image: Getty Images.
January 28, 2021

Renewables overtake fossil fuels in Europe but must triple to reach carbon neutrality by 2050

​Renewables have overtaken fossil fuels in Europe in what is being hailed as a “landmark” moment.
Image: Getty.
January 27, 2021

Ofgem proposes £100,000 fine for Symbio Energy to send ‘strong message’ about RO payments

​Ofgem has proposed a £100,000 fine for Symbio Energy to send a “strong message” about late payments into government renewables schemes.
EDF Energy announced updated completion costs reaching £4.3 billion. Image: EDF
January 27, 2021

EDF’s Hinkley Point C delayed a further six months as costs continue to grow

EDF’s Hinkley Point C nuclear plant will be delayed by a further six months due to disruption from COVID-19.
The new charging tariff is now the "cheapest" home tariff on the market. Image: OVO Energy.
January 27, 2021

OVO unveils 'pioneering' type of use EV charging tariff

​OVO Energy has launched a ‘type of use’ tariff for electric vehicle (EV) charging that offers a flat rate of 6p/kWh at any time of day.
Social Energy co-founders Julian Wiley (left) and Ryan Gill (right). Credit: Social Energy.
January 27, 2021

Social Energy to expand offering and target international growth following new investment

Renewable energy supplier Social Energy has received a significant investment from fund manager CarVal Investor to grow its business and enter new markets.

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