Ebitda at Drax for 2014 was £229 million, down just £1 million on the previous year.
Shares in Centrica fell 8% on 19 February after the company announced its first dividend cut since the company was created in 1997.
In its annual report for 2014 Iberdrola name contracts won in the recent Capacity Market auction among its highlights for the year. The company won contracts for 2,261MW of capacity.
The European Commission has opened an investigation into whether the UK breached State Aid rules by agreeing a Contract for Difference that would enable the owner of Lynemouth power plant to convert it to use wood fuel.
Independent supplier Spark Energy has agreed to make a payment of £250,000 split between Citizens’ Advice (in England and Wales) and Citizens’ Advice Scotland, in recompense for customer service failings between June 2010 and October 2013.
EDF and the government have “the shared objective of finalising documents in the coming weeks” on the Hinkley Point C nuclear plant project and “this will allow a final investment decision to be possible in the next few months,” EDF said when it
A Northern Ireland wind farm that was shut down after a turbine collapsed is back in business.
The Scottish Government has been challenged by six national organisations to change its policy on assessing major wind farm developments.
The Scottish Government has rejected Burcote Wind’s application for development consent for the Sandy Knowe wind farm in Dumfries and Galloway.
RWE Innogy and Statkraft have signed an agreement to develop Triton Knoll, a 900MW wind farm, off the east coast of England.