Yu Group revels in rising share price as supplier beats earnings expectations July 25, 2023 Yu Group has seen its shares soar nearly six per cent, after announcing it is on course to "substantially" outperform market expectations.
Sizewell C nuclear plant gets £170m cash boost from government July 25, 2023 Sizewell C has been given a fresh cash boost by the government, which has poured a further £170m into the proposed nuclear power plant.
Ofgem hits SSE with £9.78m fine after securing ‘excessive’ payments which raised costs for customers July 25, 2023 Ofgem has made a final decision to impose a hefty £9.78m financial penalty on SSE for securing excessive payments from ESO.
Utilita boss: We’ve got ‘no faith’ in Ofgem’s ability to manage the market July 25, 2023 The price cap is still "the biggest single risk to supplier profitability," warned Utilita boss Bill Bullen, as he called for more household support.
Why Europe’s heatwave has not led to a solar power boom July 24, 2023 There will be no surge solar power generation from Europe's heatwave, with scorching weather unlikely to boost production levels.
Moneysupermarket expects no ‘significant’ energy switching this year July 24, 2023 Moneysupermarket has said that it does not expect customers to start switching energy suppliers in any “significant” numbers this year.
Environment group loses High Court fight with Shell directors July 24, 2023 An environment campaign organisation has lost another round of a High Court fight with directors of oil giant Shell.
Thames Water owner Kemble hit with downgrade in debt ratings July 24, 2023 Thames Water owner Kemble has suffered a downgrade in the credit rating of its debts from influential agency Moody’s.
Oil markets consolidate July’s gains as China prepares stimulus measures July 24, 2023 Oil prices remain above $80 per barrel, with predictions of stimulus measures in China underpinning both major benchmarks.
Octopus Energy pledges £15bn investment in offshore wind by the end of the decade July 24, 2023 Octopus Energy will team up with institutional investors to spend $20bn (£15.6bn) on offshore wind projects over the rest of the decade.`