Exposed: How British Gas debt agents break into homes of vulnerable  The Times

?Octopus Energy Group more than doubled its revenue in the full-year 2022 from a year earlier, lifted by the strength of its Kraken billing platform business and rising customer numbers.

Letter from the DDRB Chair to the Secretary of State for Health and Social Care about the timing of written evidence

The past two years’ turmoil in world power and gas supply could yet make it ‘the last energy crisis’, Octopus Energy founder Greg Jackson hopes. Enduring losses and commercial pain could be a price worth paying, on the way to building what Jackson today calls “a cleaner, cheaper, more resilient energy system” . The maverick Read more...

The post “This could be the last energy crisis”;  Octopus’ Jackson appeared first on theenergyst.com.

Disappointing Returns May Force BP To Rein In Its Renewable Energy Push  OilPrice.comView Full coverage on Google News

‘This is greenwashing’: Shell accused of overstating renewable energy spending  The Guardian

New grants to be awarded to UK regulators and industry bodies to help them develop agreements with their international counterparts.

1. Bulb bailout to cost taxpayer only £260m, says Octopus Energy  The Times
2. Octopus signals plunge in UK taxpayer bill for Bulb rescue  Financial Times
3. Octopus Energy forewent profit to keep bills down, finance boss says  The Independent
4. View Full coverage on Google News

Energy bills pushed up by electricity charge, research shows  BBCView Full coverage on Google News

1. UK's Octopus Energy Posts £161 Million Loss on Wholesale Costs  Bloomberg
2. Household slashed energy bills by £86 in just 90 minutes - could you save?  Express
3. View Full coverage on Google News

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Octopus has reported another year of losses after the supplier opted to swallow a £150m bill in rising wholesale costs.

The post Octopus swallows £150m loss from rising energy bills before Bulb buy-out customer boom appeared first on CityAM.

Octopus says it chose to ditch profit to keep energy bills down  The GuardianView Full coverage on Google News

Energy lifeline for millions as Ofgem boss predicts exact date bills will fall  Express

The price energy suppliers pay for electricity is linked to the price of gas-fired generation.

Energy bills pushed up by electricity charge, research shows  BBCView Full coverage on Google News

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Octopus Energy's takeover of Bulb could cost the taxpayer considerably less money than previously estimated, the firm told City A.M.

The post Bulb takeover will only cost taxpayer £260m, says Octopus Energy appeared first on CityAM.

'This is just the start': Glen Wyvis distillery uses renewable energy to keep costs down - to benefit community causes  The Press & Journal

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Shell's potential exit from the energy retail market raises questions over the industry's attractiveness for businesses, warned Ofgem.

The post Ofgem boss warns over declining appeal of UK’s energy sector for suppliers appeared first on CityAM.

Ofgem boss warns over declining appeal of UK's energy sector for suppliers  City A.M.View Full coverage on Google News

Steve Thomas fears some will boost their income at the expense of their health – using the money to eat instead of heat

Smart meter owners will be grateful recipients of payments from National Grid if they reduce their electricity consumption at peak times during the current cold spell (Households in Great Britain to be paid to use less electricity: how does it work?, 23 January). While this might help keep the lights on, the risk is that low-income households who are already not consuming as much energy as they need to protect their welfare will take the opportunity to boost their income at the expense of their health – using the money to eat rather than heat.

However, there is a potential stick to go with this carrot and that is the option of charging consumers more for electricity at peak times. This will only be possible when all consumers have smart meters. It is proving hard enough to convince consumers to install them without downsides becoming apparent. As with the current scheme, power demand will be reduced at peak time. However, instead of giving consumers money to do this, they will be penalised if they do not and the welfare consequences in terms of increased excess winter deaths, already far too high, will be serious. The sensible course would be to prohibit use of high prices to reduce electricity demand at peak times.
Steve Thomas
Emeritus professor of energy policy, University of Greenwich

1. Ofgem considers subsidy to level energy costs for prepayment and direct debit customers  The Guardian
2. Cost of living: Row over who should police energy prepayment switches  BBC
3. Ofgem boss DEFENDS forcing people onto pre-payment meters as 'some choose not to pay'  The Mirror
4. Utilita boss's seven word defence as campaigners blast installation of prepayment meters  Express
5. Wigan borough MP calls for ban on forced installation of prepayment meters  Wigan Today
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How PepsiCo is turning waste into renewable energy: 'A case study in best practice'  FoodNavigator.com

1. Octopus Energy demands crackdown on hidden payment penalty which is 'out of hand'  Express
2. Ofgem under fire for delaying plans to tackle energy giants' cash grab  This is Money
3. Household slashed energy bills by £86 in just 90 minutes - could you save?  Express
4. View Full coverage on Google News

Big return to coal in Europe killed off by record renewable energy  Sky NewsView Full coverage on Google News

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Octopus Energy has urged Ofgem to end payment penalties sooner for standard credit customers as the cost of living crisis bites.

The post Octopus calls on Ofgem to ease higher costs for non-debit customers appeared first on CityAM.

Qatar's energy giant cements Lebanon deal, substituting Russia  Al-MonitorView Full coverage on Google News

Oil spill “high vulnerability zone” threatens the global energy supply  Open Access Government

It is cheaper to build solar panels or cluster of wind turbines and connect them to the grid than to keep operating coal plants

Coal in the US is now being economically outmatched by renewables to such an extent that it’s more expensive for 99% of the country’s coal-fired power plants to keep running than it is to build an entirely new solar or wind energy operation nearby, a new analysis has found.

The plummeting cost of renewable energy, which has been supercharged by last year’s Inflation Reduction Act, means that it is cheaper to build an array of solar panels or a cluster of new wind turbines and connect them to the grid than it is to keep operating all of the 210 coal plants in the contiguous US, bar one, according to the study.

In our latest weekend press round-up, Octopus Energy trades blows with its rivals over its deal to buy Bulb’s customers, while experts raise concerns about the UK’s continued dependence on overseas power supplies. In the water sector, it is revealed that both Thames and Severn Trent Water still use dowsing to detect leaks.

The post Weekend press round-up: Octopus Energy calls rivals ‘desperate’ in bitter court clash appeared first on Utility Week.

1. Full list of major energy suppliers paying you to turn off appliances today including British Gas and...  The Sun
2. I went an hour without using any electricity - because people are getting paid to use less energy  Hull Live
3. View Full coverage on Google News

bp Energy Outlook 2023 explores key trends and uncertainties surrounding the energy transition | News and insights | Home  BPView Full coverage on Google News

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Momentum is growing in the energy sector for a social tariff, with Good Energy the latest supplier to call for more targeted support.

The post Good Energy joins industry calls for a social tariff to protect vulnerable customers appeared first on CityAM.

Good Energy joins industry calls for a social tariff to protect vulnerable customers  City A.M.View Full coverage on Google News

I'd put £62 a week into this renewable energy stock for £500 a year in passive income  Motley Fool UK

1. I went an hour without using any electricity - because people are getting paid to use less energy  Hull Live
2. Cost of living latest: Rent prices hit record high; electric blanket warning over shock risk; job centre strikes planned  Sky News
3. Energy experts share how to save £110 a month on bills without switching off appliances  Express
4. Doncaster residents asked to turn their lights off between 5-6pm every night to save on their energy bill  Doncaster Free Press
5. View Full coverage on Google News

The regulator has been under pressure to stop firms charging customers extra if they choose to pay their bill in cash, cheque, or over the phone.

KGHM and South32's Sierra Gorda copper mine in Chile operating on 100% renewable energy  International Mining

Ofgem has opened its tenth tender round for offshore transmission owner (OFTO) licences. The tender to own and operate the links between Dogger Bank A Phase 1, Moray West and Neart na Gaoithe offshore wind farms to the onshore network.…

Read more →

The Department for Business, Energy & Industrial Strategy (BEIS) has backed the SMS plc-led research project that uses ‘Internet of Things’ (IoT)-enabled smart meters to provide tailored solutions and allow consumers to improve the energy efficiency of households.

1. Major UK energy supplier mulls plans to exit UK as 1.4 million Britons at risk  Express
2. Energy firm Shell to review home energy business in UK, Germany, Netherlands | English News | WION  WION
3. Shell doubled its profits to record $38bn last year  The Times
4. American Energy Giant Shell Wants to Quit Europe | Europe Energy Crisis  Firstpost
5. View Full coverage on Google News

Octopus Energy calls rivals ‘desperate’ in bitter court clash  The Guardian

Octopus Energy calls rivals 'desperate' in bitter court clash  The Guardian

£50000 To Power Growth Of Renewable Energy Firm  Development Bank of Wales

1. Energy firm Shell to review home energy business in UK, Germany, Netherlands | English News | WION  WION
2. Shell Energy Ponders Exit from the UK Broadband ISP Market  ISPreview.co.uk
3. Shell puts 2,000 UK jobs at risk with review of Shell Energy retail division  The Guardian
4. Shell to review home energy business in UK, Germany, Netherlands | World News | English News | WION  WION
5. View Full coverage on Google News

The Coventry-based firm said tough market conditions had forced a review of the business.

Job risk as Shell considers quitting energy market  BBCView Full coverage on Google News

Job risk as Shell considers quitting energy market  BBCView Full coverage on Google News

Job risk as Shell considers quitting energy market  bbc.comView Full coverage on Google News

1. Job risk as Shell considers quitting energy market  bbc.com
2. Energy firm Shell to review home energy business in UK, Germany, Netherlands | English News | WION  WION
3. Shell Energy Ponders Exit from the UK Broadband ISP Market  ISPreview.co.uk
4. Major UK energy supplier mulls plans to exit UK as 1.4 million Britons at risk  Express
5. Shell to review home energy business in UK, Germany, Netherlands | World News | English News | WION  WION
6. View Full coverage on Google News