Ofgem faces grilling on winter energy challenges

The Chief of Ofgem is set to face tough questions from MPs as the House of Commons Energy Security and Net Zero Committee examines preparations for the upcoming winter

MP confronts Centrica boss over record profits amid energy crisis

Conservative MP Vicky Ford has grilled Centrica’s Chief, Chris O’Shea, regarding the company’s increasing profits during a time of heightened concerns over the energy crisis

Octopus: Retail risk surge amid wholesale market instability

Energy suppliers have highlighted the critical need for policy certainty and increased ambition in energy efficiency investment in the UK

MPs set to grill energy suppliers over looming winter energy crisis

Executives of Centrica, EDF and E.ON will face questions about energy bill challenges and their commitment to customers

British Gas owner teams up with Deutsche Bahn for wind power ride

Centrica Energy Trading has entered a two-year corporate power purchase agreement with Germany’s national railway company to provide approximately 70GWh of renewable electricity annually

Centrica extends gas field lifespan, eyes investment in new nuclear

The owner of British Gas has announced it will extend Spirit Energy’s Morecambe Bay gas fields’ lifespan, securing production until the end of the decade

Energy industry reacts to British Gas soaring profits

While Ofgem states that the energy retail sector’s profits are a one-off as suppliers recover from losses incurred during challenging times, campaigners are calling for greater support for consumers

British Gas: £969m record profit amid price cap increase

The UK’s largest energy supplier, has announced its highest ever first-half profits, marking a significant surge of almost 900% compared to the same period last year

Sewage power to heat 10,000 UK homes

Centrica Energy Trading has teamed up with Yorkshire Water and SGN Commercial Services in a 15-year deal to extract biomethane from sewage

Experts predict record British Gas profits

British Gas’ profits are expected to reach record levels due to Ofgem’s increased energy price cap, according to reports