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01 February
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01 February 2023 @ 17:00

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British Gas
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?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.

01 February 2023 @ 15:52

Relevance:24
Octopus Energy
Energy
Octopus
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Letter from the DDRB Chair to the Secretary of State for Health and Social Care about the timing of written evidence

01 February 2023 @ 14:51

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Ev
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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.

01 February 2023 @ 14:37

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Energy
Octopus
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01 February 2023 @ 14:29

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Energy
Renewable Energy
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01 February 2023 @ 13:52

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

01 February 2023 @ 13:46

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Ev

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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.

01 February 2023 @ 11:33

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Energy
Octopus
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01 February 2023 @ 11:11

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Keep Energy
Energy
Octopus
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01 February 2023 @ 10:27

Relevance:12
Ofgem
Energy
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The price energy suppliers pay for electricity is linked to the price of gas-fired generation.

01 February 2023 @ 07:50

Relevance:4
Energy
Electricity

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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.

01 February 2023 @ 07:00

Relevance:24
Octopus Energy
Energy
Octopus
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01 February 2023 @ 06:00

Relevance:4
Energy
Renewable Energy
31 January

31 January 2023 @ 20:06

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Electric Car

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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.

31 January 2023 @ 19:55

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Ofgem
Energy
Suppliers
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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

Continue reading...

31 January 2023 @ 18:24

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Smart Meter
Electricity
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31 January 2023 @ 16:49

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Energy
Renewable Energy
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31 January 2023 @ 11:42

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Energy
Renewable Energy
30 January

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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.

30 January 2023 @ 21:36

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Ofgem
Octopus
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30 January 2023 @ 15:47

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Energy
Energy Giant
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30 January 2023 @ 14:47

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Energy
Energy Supply
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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.

Continue reading...

30 January 2023 @ 11:00

Relevance:4
Energy
Renewable Energy
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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.

30 January 2023 @ 09:21

Relevance:24
Octopus Energy
Energy
Octopus

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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.

30 January 2023 @ 07:00

Relevance:12
Good Energy
Energy
29 January
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29 January 2023 @ 16:14

Relevance:4
Energy
Renewable Energy
28 January
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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.

28 January 2023 @ 21:50

Relevance:12
Ofgem
Energy
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28 January 2023 @ 17:13

Relevance:4
Energy
Renewable Energy
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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.…

28 January 2023 @ 07:03

Relevance:10
Ofgem
27 January
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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.

27 January 2023 @ 17:28

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Smart Meter
Energy
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27 January 2023 @ 16:57

Relevance:24
Octopus Energy
Energy
Octopus
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27 January 2023 @ 16:57

Relevance:24
Octopus Energy
Energy
Octopus
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27 January 2023 @ 13:32

Relevance:4
Energy
Renewable Energy
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The Coventry-based firm said tough market conditions had forced a review of the business.

27 January 2023 @ 12:04

Relevance:4
Energy Market
Energy
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27 January 2023 @ 12:04

Relevance:4
Energy Market
Energy
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27 January 2023 @ 12:04

Relevance:4
Energy Market
Energy
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27 January 2023 @ 12:04

Relevance:4
Energy Market
Energy