Centrica inks 15-year LNG supply deal
Centrica and Delfin Midstream Inc. have announced a long-term agreement to purchase 1.0 million tonnes per annum of Liquefied Natural Gas (LNG) for 15 years. Under the agreement, Centrica will receive...
View ArticleHydrogen village trial in Whitby rejected
A hydrogen village trial in Whitby, Ellesmere Port has been officially cancelled, following the government’s decision. After carefully considering the views of residents, it was determined that there...
View ArticleHomeowners call for independent vote after hydrogen village trial cancellation
Residents in the Yorkshire town of Redcar are urging for an independent vote on hydrogen heating trials after a change in the proposed location. The trials, initially planned for Whitby in Ellesmere...
View ArticleUrgent skills reform needed for UK’s net zero, say experts
Technical and vocational training in the UK must undergo a complete overhaul to meet the country’s net zero target. That’s according to a new study from a collective of businesses, trade unions and...
View ArticleBritish Gas owner warns of potential winter gas shortage in the UK
Centrica, the parent company of British Gas, has raised concerns over the UK’s gas supply for the upcoming winter. Chief Executive Chris O’Shea highlighted the challenges posed by low wind and high...
View ArticleBritish Gas introduces cheaper fixed energy deal than price cap for some...
British Gas has introduced a new fixed-rate tariff that could prove to be cheaper than the current price cap for some customers. In London, households consuming a typical amount of gas and electricity...
View ArticleExperts predict record British Gas profits
Britain’s largest household energy supplier, British Gas is on track to achieve its highest-ever first-half profits, benefitting from a significant boost due to Ofgem‘s decision to raise allowances for...
View ArticleSewage power to heat 10,000 UK homes
Centrica Energy Trading has struck a 15-year deal with Yorkshire Water and SGN Commercial Services to harness the power of biomethane from sewage wastewater treatment plants. Yorkshire Water will...
View ArticleBritish Gas: £969m record profit amid price cap increase
British Gas, the UK’s largest energy supplier, has reported a profit of £969 million for the first half of 2023. This figure represents an extraordinary surge of nearly 900% compared to the same period...
View ArticleEnergy industry reacts to British Gas soaring profits
The UK’s largest energy supplier, British Gas’s surge in profits has sparked a flurry of reactions, with industry experts and advocates sharing their views on the implications for consumers and the...
View ArticleCentrica extends gas field lifespan, eyes investment in new nuclear
Centrica has unveiled two significant strategic decisions that could have far-reaching implications for the UK’s energy landscape. Firstly, the firm revealed its plan to extend the lifespan of Spirit...
View ArticleUK suppliers prepare for high energy switching volumes
More energy customers are predicted to change their suppliers in the coming months. Energy UK has just published a new guide with tips for companies that have committed to the Energy Switch Guarantee...
View ArticleWill fixed-rate energy tariffs save you money?
Fixed-rate energy tariffs have reemerged in the market in response to declining average annual energy bills. Major energy suppliers, including British Gas, E.ON, Octopus Energy, OVO, So Energy, Utility...
View ArticleBritish Gas: 50% off electricity for five more Sundays
British Gas is set to conclude its flexible energy initiative, which rewarded customers for adjusting their electricity use from 11 am to 4 pm on Sundays. The programme, known as “PeakSave Summer...
View ArticleBritish Gas owner teams up with Deutsche Bahn for wind power ride
Centrica Energy Trading and Deutsche Bahn, Germany‘s national railway company, have sealed a two-year corporate power purchase agreement (PPA). The deal, set to kick off in January 2024, will witness...
View ArticleMPs set to grill energy suppliers over looming winter energy crisis
MPs are gearing up to question key energy suppliers on their preparedness for the impending winter. The session, held by the Energy Security and Net Zero Committee, will focus on critical issues...
View ArticleOctopus: Retail risk surge amid wholesale market instability
Octopus has highlighted that the wholesale market instability experienced over the last 18 months has significantly raised retail risk in the energy sector. Speaking during a session at the Commons...
View ArticleMP confronts Centrica boss over record profits amid energy crisis
In today’s session of the Commons Energy Security and Net Zero Committee, Conservative MP for Chelmsford, Vicky Ford, posed a blunt question to Chris O’Shea, the Chief Executive Officer of Centrica,...
View ArticleOfgem faces grilling on winter energy challenges
Later this week, Ofgem is set to face a rigorous examination by MPs. The scrutiny comes as part of a session hosted by the House of Commons Energy Security and Net Zero Committee, which is focused on...
View ArticleBritish Gas advisers under fire for “false promises” on ‘green’ boilers
British Gas advisers have come under scrutiny following an investigation by openDemocracy, which revealed allegedly misleading claims made to customers about green energy. According to the report, the...
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