EU approves Shell’s buyout of energy supplier

The EU has approved Shell’s plans to buy independent energy supplier Impello. The supplier services household customers in the UK and Germany, active under the brand First Utility. The approval means Shell will be able to enter the UK’s domestic energy market. Among other markets, Shell has activities in the trading and wholesale supply of […]

ScottishPower offers energy buying in bulk

ScottishPower will soon be offering customers the option to buy energy in bulk. Using a model similar to filling up their cars at the petrol station or topping up pay-as-you-go mobile phones, consumers will be able to purchase a set amount of gas and electricity and track their usage through an app. It allows customers […]

E.ON snaps up UK energy management firm Matrix

German energy company E.ON today announced it is snapping up Matrix, the UK energy management firm for an undisclosed sum. Manchester-based Matrix which also offers energy efficiency services for commercial buildings will come under the wing of the German firm’s subsidiary E.ON Connecting Energies (ECT). The company has 340 employees and nine regional offices in […]