Saturday, May 18, 2024

Ofgem will review its 2020 work plans due to COVID-19

OFGEM has announced it is to review its work plans for 2020 in light of the coronavirus pandemic. An Ofgem spokesperson told Current±: “From Wednesday...

‘Very disappointing results’ as Robin Hood Energy posts £23.1m losses

NOTTINGHAM City Council's energy company has revealed a significant loss of £23.1m for the period April 2018 to March 2019. The accounts, which were sent...

Ofwat makes submission to Competition and Markets Authority following company appeals

OFWAT has made its submission to the Competition and Markets Authority after four of the 17 water companies appealed against the outcome of Ofwat’s...

E.ON allies with Octopus Energy in a UK retail business overhaul

E.ON has partnered up with Octopus Energy, as the German company aims to revamp its UK retail business and shift away from the Npower...

How to look after your mental health during the coronavirus outbreak

Following Boris Johnson’s announcement banning all unessential travel, everyone but Key- and front-line retail workers are staying home to look after their own physical...

Coronavirus impacts Barclays cutting 2020 oil price outlook

BARCLAY slashed its oil price forecasts for 2020 earlier this month, citing OPEC’s failure to convince its allies including Russia to cut production further,...

Green Party wants to nationalise utilities to fight the coronavirus

THE GREEN Party has called after a 'wartime-style policy for economic management' until COVID-19 is suppressed or an effective vaccine has been invented. Among the...

UK power grid can cope with surge in household demand caused by coronavirus, says...

THE UK grid should have no challenges meeting the needs of remote working or school closure, according to a Cranfield University professor. Professor Phil Hart,...

Scottish Government helps businesses with their water bills during the coronavirus outbreak

A PACKAGE of measures worth £60 million has been agreed between the Scottish Government and the water industry to help businesses facing difficulties with...

Ofwat and MOSL support water retail market during COVID-19 pandemic

MOSL and Ofgem have taken urgent action to support water retail market during the Covid-19 pandemic. In a letter sent to wholesalers and retailers, CEO of...