Scotland to set up state-owned renewable supplier

The Scottish Government is to set up a publicly-owned, not-for-profit renewable energy company. That’s according to Nicola Sturgeon, leader of the Scottish National Party (SNP), who said the supplier would be set up by 2021 to sell energy to customers as the lowest possible price. She suggested the move would give vulnerable consumers more options […]

Chinese merger to create world’s largest utility

A merger between two Chinese energy giants will create the world’s largest utility, worth $278 billion (£215.8bn). China’s largest coal miner, Shenhua Group, is to take over state-owned power producer Guodian Group to create the National Energy Group. The new company, which will be both the country’s largest wind developer and biggest coal producer, is expected […]