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Big Six Energy Suppliers
The Big Six were the United Kingdom's largest retail suppliers of gas and electricity, who dominated the market following liberalisation in the late 1990s. By 2002, six companies – British Gas, EDF Energy, E.ON, RWE npower, ScottishPower and SSE – had emerged from the 15 former incumbent monopoly suppliers (the 14 regional public electricity suppliers and British Gas). In 2008, the Big Six still had over 99% of domestic and small business customers. They were vertically integrated in electricity, owning sufficient generation capacity to supply all their customers; while in gas, only Centrica (British Gas) owned production facilities. By the third quarter of 2019, after efforts by the regulator Ofgem to promote competition, their combined share in Great Britain was 70% for electricity supply and 69% for gas. The purchase of SSE's retail business in January 2020 by OVO Energy, a competitor founded in 2009, marked the end of the original Big Six. The companies Source: 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Office Of Gas And Electricity Markets
, type = Non-ministerial government department , nativename = , nativename_a = , nativename_r = , logo = Ofgem logo.svg , logo_width = 124px , logo_caption = , seal = , seal_width = , seal_caption = , picture = , picture_width = , picture_caption = , formed = , preceding1 = Office of Electricity Regulation , preceding2 = Office of Gas Supply , dissolved = , superseding = , jurisdiction = Great Britain , headquarters = 10 South Colonnade, Canary Wharf, London, , region_code = GB , coordinates = , employees = 1,187 , budget = For 2015–2016 Parliament approved through the Main Estimate a gross resource budget of £89.5 million , minister1_name = Grant Shapps , minister1_pfo = Secretary of State for Business, Energy and Industrial Strategy , chief1_name = Jonathan Brearley , chief1_position = Chief Executive , chief2_name = , chief2_position = , chief3_name = , chief3_position = , chief4_name = , chief4_position = , chief5 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service maintains 50 foreign news bureaus with more than 250 correspondents around the world. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, the BBC also has regional centres across England and national news c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renewable Energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation. Renewable energy often provides energy for electricity generation to a grid, air and water heating/cooling, and stand-alone power systems. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. Renewable energy is often deployed together with further electrification, which has several benefits: electricity can move heat or objects efficiently, and is clean at the point of consumption. In addition, electrification with renewable energy is more efficient and therefore ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Octopus Energy
Octopus Energy Group is a British renewable energy group specialising in sustainable energy. It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. Headquartered in London, the company has operations in the UK, France, Germany, Italy, Spain, Australia, Japan, New Zealand and the United States. As of September 2021 the company has over three million domestic and business customers, making it the fourth largest energy supplier in the UK. Octopus Energy Group operates a wide range of business divisions, including Octopus Energy Retail, Octopus Energy for Business, Octopus Energy Services, Octopus Electric Vehicles, Octopus Energy Generation, Octopus Hydrogen, Kraken, Kraken Flex and the not-for-profit Centre for Net Zero. The company also supplies software services to other energy suppliers. History Octopus Energy was established in August 2015 as a subsidiary of Octopus Capital Limited. Trading began in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecotricity
Ecotricity is a British energy company based in Stroud, Gloucestershire, England, specialising in selling green energy to consumers that it primarily generates from its 87.2 megawatt wind power portfoliothe company prefers the term windmill rather than wind turbine. It is built on the principle of heavily reinvesting its profit in building more of its own green energy generation. The company was founded in 1995 by Dale Vince, who remains in control; in 2022 he announced an intention to sell the company, which has around 200,000 domestic and business customers. Besides the supply of gas and electricity, Ecotricity's initiatives include the creation of one of Britain's first electric vehicle charging networks, which was sold to Gridserve in 2021. History Ecotricity was started by Dale Vince in 1995 as Renewable Energy Company Limited, with a single wind turbine he had used to power an old army truck in which he lived on a hill near Stroud. From that, Vince went on to build comm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Good Energy
Good Energy Group PLC is a British energy company based in Chippenham, Wiltshire that provides services in the electrification of transport and decentralised renewable energy generation such as domestic solar panels. The company is also an energy retailer, and built a portfolio of wind and solar generation which was sold in 2022. Founded by Juliet Davenport, its CEO is Nigel Pocklington. History The company was set up in 1997 as ''Ofex'', an offshoot of the German power company ''Unit Energy Europe''. The business was later bought by its management and changed its name to Good Energy in 2003. Good Energy said in 2010 that its aim was to move the UK away from reliance on fossil-fuel, to a network of small, independent generators supplying local customers. The company sources some of its power from 800 small and medium-sized, distributed renewable electricity generators across the country, as well as investing in its own generation sources; it had a target to supply around half of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulb Energy
Bulb Energy Ltd., trading as Bulb, is an energy supply company in the United Kingdom which was acquired by Octopus Energy in 2022. Founded in 2013, the company attracted venture capital from DST Global and Magnetar Capital, and ran at a financial loss while achieving rapid growth in customers. Bulb claimed to provide electricity and gas from renewable or off-set sources. As of November 2021, it had a share of approximately 5-6% of the UK energy market and was considered the seventh largest in the country. In September 2021, the company sought a bailout due to financial problems caused by increasing natural gas prices. It was placed into Energy Supply Company Administration (a special administration regime) by industry regulator Ofgem on 24 November 2021 following a refusal by investors to provide further funding. While customers of other failed suppliers have been transferred by Ofgem to new suppliers, the regulator decided Bulb was too large and so it became the first energy c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utilita Energy
Utilita Energy is an electricity and gas supplier operating in the United Kingdom. Utilita began trading in 2003, specialising in pay-as-you-go metering. As of January 2021, Utilita has over 800,000 customers, representing a 2.6% share in the domestic market. Company history Utilita Energy began trading in 2003, as a challenger to the dominant " Big Six" energy suppliers. The company's founder and Chief Executive Officer is Bill Bullen. In 2008, Utilita became the first energy company in the UK to install a smart meter. By 2014, the company had reached 100,000 customers. In 2018, Utilita launched their energy management app, My Utilita. In October 2020, Utilita agreed to pay £500,000 in compensation and refund the affected customers, after the company reported itself to industry regulator Ofgem. Almost 40,000 customers had been overcharged a total of £125,000 during 2019. Energy Hubs Utilita began a national rollout of high street Energy Hubs in 2018, allowing customers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extra Energy
Extra Energy Supply Ltd (trading as extraenergy) was an independent retail energy supplier based in Birmingham, England. It supplied gas and electricity to domestic and small business customers. Extra Energy was part of Extra Holding, which operates in industries including telecoms, travel, insurance and energy. History The company was launched in the United Kingdom in April 2014 and by October of that year was the fastest-growing energy supplier in the country. Extra Energy was founded and solely owned by Moti Ben-Moshe. The company launched in Germany in 2008, where it had more than two million customers by 2014. The energy supplier consistently featured in "best buy" tables since it launched into the UK market by offering the best dual fuel tariffs, although it drew 1,682 complaints per 100,000 customers in the first three months of 2016, according to figures from Citizens Advice, which said this was "the highest complaints ratio ever recorded" in the five years since it b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Co-operative Energy
Co-op Energy is a British energy supply company based in Warwick that began trading in 2010. It sells renewable electricity (some from community-owned sources) and gas to its ethically concerned member owner/customers and is a established large operator, an alternative to the Big Six energy suppliers. Given that its parent is Midcounties Co-operative, it is the only co-operative supplier in the British market, meaning members can receive dividends and/or interest on their trade with the business. Since August 2019, energy supply, billing and customer service have been operated by Octopus Energy. Co-op Energy forms part of the society's Utilities Group following the merger of The Phone Co-op and the Midcounties in 2016. Combined mobile, broadband, and energy accounts are available. History Co-op Energy launched in 2010 as an alternative to the Big Six energy suppliers. The company has three sites: one office in Warwick and two in Walsall. In 2012, Co-op Energy was awarded the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ovo Energy
OVO Energy is a major energy supplier based in Bristol, England. It was founded by Stephen Fitzpatrick and began trading energy in September 2009, buying and selling electricity and gas to supply domestic properties throughout the UK. By June 2017 OVO had 680,000 customers, an increase of 10,000 over the previous year, representing a 2.5% domestic market share. In November 2018, OVO Energy acquired one of its largest competitors, Spark Energy. Although at first one of over 15 smaller energy companies competing with the Big Six which dominated the market, in January 2020 OVO completed the acquisition of the retail arm of SSE, becoming itself one of the Big Six and the country's third-largest domestic energy supply company. History OVO Energy is British-owned and privately backed, with its headquarters in Bristol. OVO Energy supplies gas and electricity to domestic customers since 2009, and to business customers since 2013. This sector of the UK economy is dominated by a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Utility
Shell Energy Retail Limited is the UK consumer gas, electricity and broadband operations business of Shell. The company does not generate electricity, instead purchasing it from international markets. Originally known as First Utility, the company had a relationship with Shell, where it acted as an intermediary to purchase wholesale energy on the global market. Shell reached an agreement to purchase the company in December 2017, and completed the acquisition in February 2018. Rebranding to Shell Energy in the UK took place in March 2019 and the business now forms part of Shell's New Energies division. History First Utility was launched in 2008 by co-founders Mark Daeche, Darren Braham and Marcus Citron as a spin-out from First Telecom. In January 2012, the company appointed the former lastminute.com CEO Ian McCaig as its new CEO. As a small new entrant to the market, the company experimented with new technology. The company was the first in the UK to offer smart meters to i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
