Drax Group to sell 90,000 metre points to EDF Energy ENERGY British power firm Drax has announced it will sell up to 90,000 customer meter points to EDF Energy after a strategic review of its energy supply business.
When fish can delay a nuclear power station, our animal obsession has gone too far Phoebe Arslanagić-Little Hinkley Point C has been pushed back in part because of regulatory requirements around protecting fish. It’s just one example of how the UK frequently prioritises animals over humans, says Phoebe Arslanagić-Little When it’s built, nuclear power station Hinkley Point C will generate enough electricity to power around 6m homes for 60 years. It will [...]
Kistos set to buy EDF’s UK gas storage arm for £25m Energy The company was set up to acquire and manage companies in the energy sector engaging in the energy transition trend.
Sizewell C: UK and France-owned EDF look to raise £20bn for Suffolk nuclear site January 11, 2024 They hope to raise the money by the end of 2024, the energy minister responsible for the sector told the Financial Times.
Sir Grayson Perry says EDF energy raised electricity bill from £300 to £39k December 19, 2023 Former BBC journalist Jon Sopel, who now presents The News Agents podcast, also said he was notified that his bill was increasing from £152 a month to £18,000.
Ofgem risks losing public trust after British Gas’ profit bonanza July 31, 2023 Four years of heavy losses and instability in the energy industry were upended last week when British Gas posted record profits.
EDF swings to profit with energy firm powered by price increases July 27, 2023 French nuclear power giant EDF swung to profit in the first half of the year, rebounding from a record loss in 2022.
Hunt tells banks and energy firms to use profits to support customers and avoid a ‘fiscal intervention’ July 26, 2023 Chancellor Jeremy Hunt has urged big banking and energy firms to use their profits to help customers with the cost of living crisis, and avoid intervention from the Government. In an article calling on corporations to support the public through Britain’s ongoing economic woes, he appealed to firms to be more responsible, pitching a “social [...]
EDF chief executive tells managers nuclear business to be reorganised June 30, 2023 EDF's chief executive Luc Remont told managers yesterday that the state-owned power group's nuclear activities would be reorganised.
Energy suppliers have a duty to help businesses with bills, says EDF exec June 26, 2023 Suppliers have a duty to help businesses stay afloat through easing the conditions of their energy bills, EDF has argued.