BP sought repayment of a £53m debt after the energy retailer warned that rising gas prices would likely lead to losses.
UK energy regulator Ofgem is proposing new financing for power and gas suppliers taking on clients from failed rivals in a bid to soften the blow of rising bills for millions of British households.
It has been warned that any delays to plans for an “electric superhighway” between Scotland and England could cost the taxpayer millions of pounds.
Issues with a major subsea cable project have ignited fresh fears about plans for a major project to hook Shetland up to the UK’s electricity grid.
Pressure is growing on the UK energy regulator to account for its role in allowing a landslide of energy suppliers to go out of business, at a cost to consumers.
The UK Government says it will not direct Ofgem to review the Scottish grid to future-proof it for additional renewables capacity, in response to recommendations made by the Scottish Affairs Committee.
National Grid and Scottish Power Transmission have agreed to pay a record redress package of £158 million for delays to the Western Link subsea cable project, following an investigation by Ofgem.
Engineering and consulting group Wood has been awarded a five-year contract by National Grid to provide controls and metering upgrades for its UK gas transmission assets, and to review hydrogen blending in the gas network.
North Sea gas production could protect customers from future price hikes, according to an industry body, as millions today face an increase in energy bills.
The boss of an energy industry body has said her team warned the Government and Ofgem that the sector was fragile at least two years ago.
Two more major energy suppliers have confirmed autumn price hikes for millions of households in line with Ofgem's price cap increase.
Aberdeen South MP Stephen Flynn has appealed to the UK Government for clarity on a process that could remove the grid charges “millstone” from around the Scottish renewables sector's neck.
Storegga Geotechnologies, the lead developer behind a north-east carbon capture and storage (CCS) project, has appointed Alistair Buchanan CBE as a non-executive chairman.
Scottish and Southern Electricity Networks (SSEN) Distribution has launched a search to find “shovel-ready” green energy projects.
National Grid Plc is starting a hydrogen research facility to test how Britain’s gas transmission network can be used to transport hydrogen to heat homes or applied to industry.
‘A bright future for Levenmouth’: £18m for world’s first project to heat homes with 100% green hydrogen
Fife has leapt closer to launching the world’s first 100% green hydrogen network with the announcement of an £18 million funding boost.
The 20 year saga of connecting – or not connecting - the Western Isles to the National Grid via a subsea cable across the Minch has taken a new and dramatic turn which should surely change the terms of the debate.
Ofgem must help “deliver, not delay, net zero” in its final price control determinations, a leading industry body has warned.
Britain's energy regulator has fined SSE more than £2 million for a 2016 blunder which is likely to have pushed up wholesale electricity costs.
British Gas will avoid potentially costly enforcement by the energy regulator after agreeing to pay £1.73 million for not telling some customers they would need to top up their meter cards at a different shop until almost a month after the switch.
Ofgem has said it will slash bills for around 15 million households by as much as £95 as the regulator reduced its cap on energy bills to their lowest level yet.
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 approval of a Western Isles power link could unlock around £2 billion in investment and create “hundreds” of jobs for the region, a local councillor has claimed.
A giant Shetland wind farm project has received a significant shot in the arm after an energy regulator said it is ready to rubber stamp proposals for an energy link with mainland Scotland.
The quality of the customer experience in the UK energy sector is a topic that attracts increasing attention, manifesting itself in a range of consumer surveys and press commentary.