Energy networks are subject to “exemplary” regulation by Ofgem and few consumers want more information about how the detail of how they are funded and run, says Citizens Advice.
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WoDS Transmission has paid £269 million to acquire the link connecting the West of Duddon Sands windfarm to the GB network.
Ofgem has revised its assessment of a proposed new interconnector between the GB market and the Ireland/Northern Ireland Single Energy Market (SEM).
Companies entering the energy industry should find data transfer easier and cheaper, because industry body ElectraLink is introducing new transfer options.
EDF and nuclear reactor supplier Areva have begun to agree terms on a restructuring intended to place the French nuclear energy sector on a firmer footing.
“Centrica’s strength lies in being a customer-facing business”, providing energy and services, the company has concluded after a fundamental strategic review.
E.On remains on track to split into two companies in early 2016, one (E.On) focused on renewables, energy networks and customers solutions, and one (Uniper) on global commodity trading, the company said in a trading update on the six months to 30
Operating profit at Npower fell €53 million in the six months to the end of June, down 60% on the period the previous year, and parent company RWE said the UK division would finish the year with a “significant deterioration” on the previous year.
There has been a 10% reduction in private investment in UK oil and gas infrastructure since December 2014, new figures from the Treasury reveal.