Supply

Greg Jackson
December 23, 2020

Octopus Energy valuation grows to $2bn as it expands into Asia

​Octopus Energy has hit a $2 billion (£1.5 billion) valuation as it announces an expansion into Asia thanks to a partnership with Tokyo Gas.
Buying renewable electricity from an EcoAct verified company grants businesses additional justification for including zero emissions electricity supply in their environmental strategies. Image: SSE.
December 23, 2020

£120m sale of gas exploration interests to support SSE’s renewables and networks businesses

​SSE is to continue to focus on renewables and networks as it sells all of its interests in its portfolio of gas exploration and production assets.
PM Liz Truss announced the Energy Price Guarantee on 8 September
December 22, 2020

Current± Predicts: The energy transition in 2021, part four

In part four of our Current± Predicts series, OVO's Kate Weinberg comments on the Green Industrial Revolution and EDF's Stuart Fenner of accelerating the uptake of EVs.
Image: Daikin.
December 22, 2020

The heat pump rollout could fail due to high electricity costs warns EAC

​The cost of electricity could cause the rollout of heat pumps to fail, as the technology must be made affordable for consumers.
Image: Shell Energy.
December 21, 2020

Shell Energy posts £32m loss as ‘unsustainable pricing’ draws customers away

​Shell Energy has posted an almost £32 million loss for 2019, pointing to falling customer numbers as competition in the sector remains strong.
UK records 23% increase in wind generation capacity since 2015, says Ember. Image: Unsplash.
December 21, 2020

Wind generation sets another record in banner year for the technology

​A new wind generation record was set over the weekend, hitting a high of 17.278GW during a half hour period on Saturday.
Image: People's Energy.
December 21, 2020

People’s Energy suffers data breach in 'extremely upsetting' cyberattack

​People’s Energy has been the latest target of a cyberattack in the energy industry, with personal information on all current and former domestic customers accessed.
The report outlines that China has a "near monopoly" in certain net zero supply chains. Image: Getty.
December 18, 2020

Current± Predicts: The energy transition in 2021, part three

In the third edition of Current± Predicts, Kaluza's Marzia Zafar runs through her predictions for the upcoming year.
The Offshore Wind Sector Deal was launched in March 2019 to help grow the sector.
December 17, 2020

An integrated offshore network could save consumers £6bn but risks remain

​An integrated approach to offshore project from 2025 could save £6 billion for consumers, according to a new report by National Grid ESO.
Image: Good Energy.
December 17, 2020

Good Energy signs three e-mobility partnerships as new EV tariff unveiled

​Good Energy is to launch a new time of use tariff for electric vehicle (EV) drivers, having also signed three new e-mobility partnerships.

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