Good Energy ‘90% hedged’ amid the energy crisis

The renewable energy supplier said it remains exposed to a higher level of market risk

bp-backed energy firm is ‘close to collapse’

Energy supplier Pure Planet is reportedly in talks with Ofgem to enter the Supplier of Last Resort process

Keeping price cap in place is “non-negotiable” for Kwasi Kwarteng

The Business and Energy Secretary reassured that the price cap will remain at the same level throughout winter

Ofgem’s Chief: “It is hard to predict how long gas prices will stay high”

Jonathan Brearley predicted that more suppliers will exit the market as gas prices are putting more pressure on businesses and households

Kwasi Kwarteng: “Our pledge to decarbonise grid by 2035 is a fundamental milestone”

The Business and Energy Secretary said the all-green grid will swift the UK away from volatile fossil fuels

Energy supplier predicts it will be the next company to cease to trade

Leeds-based firm Omni Energy sent an email to 10,000 customers noting that it is highly likely it will close before the end of November

Union questions the fit for purpose role of price cap amid energy crisis

GMB calls on the government to take urgent action as more energy suppliers go under

Speculation over Bulb’s takeover by Ovo Energy

Ovo Energy will reportedly make a bid to take over the energy supplier which is currently exploring various opportunities to stay afloat amid the crisis in the energy market

Ofgem consults on issuing final orders for five energy suppliers to pay £7m

The regulator said that the firms have delayed making their Renewables Obligations payments

Administrator ‘on hold for a new big collapse in energy market’

London consulting firm Teneo is reportedly kept on standby to act as a “special administrator” amid fears that one large energy supplier could collapse soon