In the latest in our series analysing the responses of key players to the CMA investigation into the UK energy market we focus on Which? and their proposals for the energy market. Which? the consumer group turned price comparison website have contributed their thoughts to the CMA investigation into the energy market by calling for a […]
Energy costs and the price comparison websites
There never seems to be much good news coming out of the energy industry, and this month’s no different. The price comparison sites and industry commentators are almost tripping over themselves telling us that energy bills on an inexorable rise and suppliers totally unreformed and that price rises are the responsibility of all market players. […]
Europe to Miss Renewable Energy Target
Knocked Off Course in IEA Estimates due to Wind Farm Slowdown Whilst the UK celebrates a boom in offshore wind capacity, news comes that Europe will miss its legally binding renewable energy target for 2020 because of a slowdown in the construction of wind farms and a slump in power prices. According to GlobalData’s analysis […]
Ofgem – the folly continues
2014 hasn’t been an auspicious year for Ofgem, the energy regulator: Bruised and battered from pillar to post. Maligned by many, praised by few. Neutered by their own decision making. Criticised by their predecessors. …but like any organisation under pressure the “we’ll change” narrative is well and truly under way. Labour, in their bid for […]
New 1-Hour Quote Service
Could Save Companies Thousands on Business Energy Leading corporate energy broker Business Juice has introduced a new 1-hour quote service. The simple email system promises fast and thorough comparison of the best gas and electricity tariffs and could save companies thousands on energy costs. Comparing business energy costs can be a confusing business for the companies […]
Business Juice Statement on Price Comparison Websites
20th October 2014 Earlier today news broke that the website The Big Deal (thisisthebigdeal.com) had uncovered an alleged culture amongst the UK’s price comparison of “hiding” the best energy deals. The Big Deal’s investigation focussed on the domestic energy market and players such as Compare the Market, Go Compare, uSwitch, MoneySupermarket and Confused. The Big […]
Ecotricity consider challenge to Hinkley Point C
In a scarcely credible development in the on-going nuclear / subsidy / cost row, Ecotricity, the independent green energy supplier that for many years has benefitted from subsidy regimes in support of wind energy, is considering a legal challenge against the European Commission’s decision to approve the Hinkley Point C nuclear plant. Dale Vince, the […]
CMA – The Market Commentators Part 2
In the latest in our series analysing the responses of key players to the CMA investigation into the UK energy market we again focus on the market commentators and their thoughts on the underlying problems of the energy market. Three main themes emanate from the comments: The market structure, the transfer price and energy company profits […]
Citigroup’s damning prediction for the Big 6 energy suppliers
As the Competition and Markets Authority investigation into the energy market continues more bad news has hit the Big 6 energy suppliers, with Citigroup forecasting British Gas, Scottish Power, SSE, EDF Energy, nPower and E.ON can look forward to losing up to a quarter of their current customer bases by the end of the decade. […]
UK Leads the Way on Renewable Generation Growth
Climate change talks loom Despite its unpopularity with the conservative administration, wind energy has been the driving force behind the UK’s rise up the rankings of a global measure for ‘climate-friendly’ countries. The 34% increase in renewable energy generation, the highest growth amongst the G20 group of countries, combined with the ongoing closure of coal-fired […]