The Science Based Targets initiative says of the 237 companies with validated science-based targets, utilities must reduce emissions the most.
They say the renewable energy source is required to reach net zero emissions by 2050 at the least cost to households and businesses
The use of Price Comparison Websites is on the rise, and familiarity with the main players in the market (Money Supermarket, Confused.com, Compare the Market) has helped consumers to trust and accept the process.
They have launched an ‘Inclusion Commitment’ to work collaboratively to recruit and retain a more diverse talent in the sector
A new report shows four months after their introduction, the majority of UK utilities are still failing to adhere to some of the rules
A new report suggests customers at different stages of life receive ‘starkly inconsistent’ marketing
Energy companies expect cyber security to be the biggest technology to be adopted in the sector over the next three years, as the industry becomes increasingly digitalised
Power utilities are poorly equipped to deal with increasingly frequent and unpredictable cybersecurity threats. That’s according to a survey of 1,200 global utilities conducted by consultancy EY, in which all organisations responding said their defences against hackers did not match up to their needs. It also found 58% of these companies in the energy sector […]
The value of deals across the global power and utilities sector has hit two-year highs as confidence soars. That’s according to a new report from EY, which shows the total figure climbed to $74.3 billion (£56.3bn) in the third quarter (Q3) of this year, driven by the volume of mergers and acquisitions in the Americas […]
Allowing local authorities in England to charge utility firms by the hour to carry out roadworks on selected routes could increase consumer bills. That’s the view of Street Works UK, the trade body for utilities and their contractor partners on road work issues, which is warning against the government proposals. It argues lane rental schemes […]