Centrica’s profits collapse by 31% in 2020

The energy supplier also reported a £362 million loss from continuing operations

Renewables 'making gas plants unprofitable for utilities'

Renewable energy sources are making European gas power stations unprofitable for utilities, suggests new research by consultancy Capgemini. In some cases gas plant operators are effectively paying to stay on the grid, according to Colette Lewiner, Capgemini’s Energy and Utilities worldwide expert. That’s partly because renewables get priority over gas on putting power into the […]