News

Drax acquires 2.5GW of generation from Scottish Power

Drax has acquired 2566MW of power generation and storage assets from Scottish Power parent Iberdrola, saying the assets represent a growing system support opportunity. It expects the bulk of income from the plant to come from non-commodity sources. Scottish Power said “We have…

GoCompare offers auto-switch option ‘Weflip’

Switching site GoCompare has  launched its own auto-switching product, called ‘Weflip’, joining a handful of specialist companies. Customers can sign up to from today, Monday 15 October. The new service is powered by Energylinx, a GoCompare Group company that operates an…

CMA clears SSE/Npower retail merger

The Competition and Markets Authority (CMA) has given the go-ahead to a merger between SSE Retail (SSE) and Npower. The CMA said its panel had specifically examined competition concerns around how the deal would impact ‘standard variable tariff’ prices. It concluded…

IPCC report: the industry responds

Nick Molho, executive director,  Aldersgate Group: “This report from the world’s leading climate scientists is clear that there are compelling environmental, economic and social benefits to limiting the increase in global temperatures to 1.5 degrees as envisaged in the Paris Agreement.…