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Ofgem Appoints Retail Supplier To Take On Customers Of Economy Energy
U.K. regulator Ofgem has appointed Ovo Energy to take on supplying Economy Energy’s 235,000 domestic customers. "This follows a competitive process ...
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U.K. Ofgem To Assign Customers Of Failed Supplier
U.K. regulator Ofgem announced that it will choose a new supplier to take on the customers of Economy Energy, which has ceased trading Economy Ener...
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U.K. Default Service Price Caps Take Effect
With 2019, the U.K. begins implementation of price caps for customers on default tariffs (non-shopping customers), including standard variable (SVT) t...
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European Court Blocks U.K. Capacity Market
The Court of Justice of the European Union has blocked the U.K.'s capacity market construct The Court found that the European Commission (essentially...
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U.K. Regulator Issues Price Caps Proposals For Default Retail Supplier Plans
U.K. regulator Ofgem has released a price cap proposal which will apply to retail electric and gas suppliers' "default tariffs" On 19 July 2018, the ...
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Centrica Invests In Natural Gas Supplier
Centrica plc’s Energy Marketing & Trading business has agreed to acquire a 50% stake in Barrow Green Gas (“BGG”), described as the UK’s largest biome...
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Centrica To Deploy Blockchain Technology As Part Of Local Energy Market Trial
Centrica plc today announced a new trial to explore how blockchain technology could revolutionize the way consumers buy and sell energy. Delivered ...
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IKEA Offering Retail Electricity Supply
For United Kingdom customers, IKEA announced a partnership with broker/aggregator Big Clean Switch to offer a 100% renewable electricity supply plan (...
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Centrica's British Gas Launches Online-Only "Lite" Brand
Centrica has launched British Gas Lite – a new electricity service that supplies smart meters and is entirely online. "Centrica identified a need for...
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Shell Acquires Residential Retail Supplier, To Develop, "More Innovative Services"
The Shell Petroleum Company Limited (Shell) has signed an agreement to buy 100% of First Utility, an independent UK household energy and broadband pro...
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In UK, Centrica Says Contracts Without End Date Should Be Banned
Responding to government proposals for price caps, Centrica offered a number of proposals to improve the U.K. retail energy market and described vario...
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Report: U.K. PM To Present Draft Bill For Expanded Retail Energy Price Cap Next Week
The Financial Times reports that U.K. Prime Minister Theresa May said the government would present a draft bill for an electricity and natural gas ret...
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Retail Supplier To Pay Customers In Exchange For Authority To Manage Customer’s EV (Vehicle-to-Grid)
Nissan and U.K. retail supplier Ovo will launch a vehicle-to-grid (V2G) offering for private customers buying the new Nissan LEAF from January 2018, w...
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U.K. Prime Minister Proposes Retail Electric Supply Price Caps
U.K. Prime Minister Theresa May is including in a Conservative "manifesto" price caps on retail electricity supply rates Specifically, May is callin...
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FT: Google’s DeepMind In Talks With National Grid UK To Use AI To Balance Electric Supply
Google’s DeepMind is in talks with National Grid in the U.K. to use artificial intelligence to balance the electric grid, the Financial Times reported...
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