Latest news
NOVATEK and RWE join in on LNG supply and decarbonisation
Novatek, Russia’s natural gas producer, and RWE Supply & Trading, the trading unit of German utility RWE, have signed a memorandum of understanding (MoU) to cooperate on LNG supply and decarbonisation.
read more... 08/12/2021
Endesa to invest $3.4bn to increase renewable energy capacity
Spanish electric utility company Endesa has updated its Energy Transition strategy for 2022-24, under which it plans to invest €3.1bn ($3.4bn) to increase its renewable energy capacity to 12.3GW.
read more... 29/11/2021
E.ON to invest Eur27 billion by 2026 into Europe's energy transition
Europe's biggest energy network operator E.ON plans to invest some Eur27 billion ($30.4 billion) in the energy transition over the five years to 2026, the Germany-based utility said Nov.23.
read more... 24/11/2021
Bulb Energy collapse leaves 1.7 million without supplier
UK utility Bulb Energy has announced its collapse into administration, leaving 1.7 million customers without an energy supplier. The bankruptcy of the UK’s seventh-largest energy retailer marks the most recent and largest in a long line of UK utilities going bust because of high international energy prices.
read more... 23/11/2021
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Utility Warehouse to pay £1.5m for ‘mistreating customers in debt’
Ofgem has today announced that energy supplier Utility Warehouse (UW) has agreed to pay £1.5 million for its failings to treat fairly customers in debt.
read more... 10/11/2021