Following a strategic review last year, Centrica is reorganising its UK business into two “business units”, called UK Home and UK Business. These business units will mainly operate under the firm’s British Gas brand and replace the three former businesses,  British…

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The European Investment Bank has earmarked €200 million per year for for energy efficiency projects as part of its Private Finance for Energy Efficiency (PF4EE) initiative. This initiative promotes financing for energy efficiency projects and provides advisory support. PF4E was launched in…

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Ombudsman Services: Energy today publishes said energy company complaints increased to 65,168 in 2015 compared to 52,937 in 2014. The ombudsman said: “The figures follow a turbulent year for the energy industry, with mounting consumer dissatisfaction, market investigations and Ofgem-imposed…

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Energy storage could help lower energy costs, ensure security of supply and increase penetration of variable renewable generation, according to a new report by KPMG for the REA. Recent substatial reductions in the cost of energy storage mean that large…

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E.On has announced a 5.1 per cent reduction in its standard gas price. All four of its dual fuel tariffs will be reduced. The company said the move made its new one year fixed dual fuel product the cheapest on the market…

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Scottish Carbon Capture and Storage (SCCS) has outlined proposals for a Scottish CO2 storage hub, which could eventually store liquefied CO2 from across Europe. The hub would serve as a central collection point for CO2 emissions from different sources across Europe, from where…

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The most recent Which? energy company satisfaction survey shows that the six largest energy retailers provide a poor level of customer service, while smaller energy suppliers continue to be rated highly by customers. The overall average customer score was 53…

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