Methane emissions up in energy sector

Recent analysis by the International Energy Agency shows a rise in methane emissions within the energy sector in 2023

Regulators issue warning on debt collection practices

Today, regulators, including Ofgem issued a joint statement warning firms of potential “robust action” if they fail to meet expectations in minimising harm caused by debt collection practices

OVO boss steps down

Raman Bhatia, Chief Executive Officer of OVO, is set to leave his position to pursue a new opportunity outside the sector

National Express trials new electric coach

National Express announces plans to test Yutong’s latest electric coach model, the GTe14, on high-frequency routes between Stansted Airport and London

Clean energy growth slows global emissions in 2023

Global energy-related emissions increased last year, albeit at a slower rate compared to the previous year, due in part to the expansion of clean energy technologies such as solar, wind and electric vehicles

SSEN first to release full smart meter data

Scottish and Southern Electricity Networks Distribution has become the first DNO to publicly disclose its complete smart meter half-hourly consumption datasets

Heat pump sales fall 5% amid EU action plan delay

Heat pump sales across 14 European countries dropped by approximately 5% in 2023 compared to the previous year, raising concerns about potential job losses

Two-thirds of UK energy firms consider investments abroad

Nearly 90% of UK energy businesses deem policy changes crucial for enhancing the UK’s appeal as a green energy investment destination

Scotland secures £350m investment boost

A funding package has been agreed to bring £350 million of investment to Scotland’s Highlands, with Sumitomo Electric UK Power Cables planning to establish operations in the region’s offshore wind energy sector

Iberdrola’s profit grows

Iberdrola has made an investment of €11.38 billion, resulting in a 10.7% increase in net profit to €4.8 billion