The bosses of some of Britain's biggest energy companies have warned that Ofgem could get bogged down in a lengthy battle over a plan they believe will set back the UK's drive to build a green recovery after the coronavirus crisis.
The Covid-19 pandemic has created a severe demand shock for the energy market, coinciding with an oil price war that has caused prices to plummet further.
UK competition authorities have approved Wood’s £250m sale of its nuclear business.
Four million vulnerable households on prepay gas and electricity meters could soon see their bills rise, according to the Competition and Markets Authority (CMA).
Balmoral Tanks has lost a long-running legal fight with the Competition and Markets Authority (CMA) after a court upheld a £130,000 fine imposed by the regulator.
A move by SSE and the owner of NPower to merge their operations and create a new UK energy supplier is to be investigated by Britain’s competition watchdog.
SSE and EDF Energy’s failed appeal to change industry rules has been criticised by a senior partner from energy regulator Ofgem.
The Competition and Markets Authority (CMA) has rejected an appeal by SSE and EDF Energy to pursue a change in industry rules on electric generation.
Balmoral Group has vowed to launch an appeal after it was slapped with a £130,000 fine by the competition watchdog.