An analysis of potential price complicity by British energy suppliers will probably destabilize the market structure that has aided them to become more important than their European competitors.
read more... 09/04/2014
An ultimatum has been given by Bulgaria to three foreign-owned energy distributors until Wednesday to reimburse the debt they have with state power supplier NEK, otherwise they may lose their licenses.
read more... 19/03/2014
British Gas former monopoly is under threat to be split up to put a cap on excessive profit margins charged by UK’s largest gas supplier, according to a declaration made by Energy Secretary Ed Davey.
read more... 12/02/2014
Energy supplier RWE npower has announced it intends to avoid costly retrofits required by European Union pollution laws on seven of its power plants in UK, meaning they will close by the end of 2023 at the latest. The EU Industrial Emissions Directive (IED) should come into effect in 2016, imposing limits on emissions of climate-harming gases.
read more... 10/01/2014
According to informations from Ofgem, UK’s energy regulator, the Big Six energy suppliers saw their profit margins in the supply of gas and electricity increase to 4.3% in 2012, in comparison to 2.8% a year before. The big six operators made £53 profit per household customer last year, compared to £30 in 2011.
read more... 26/11/2013