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Scottish Power's retail arm has recorded a £12 million loss for the first quarter of 2022, with the company citing the price cap methodology as causing a strain on earnings. The company, which at the end of March served 4.8 million customers, said earnings before interest, taxes, depreciation and amortisation (EBITDA) fell by £118 million, or 111.5% year-on-year.
2 years ago
Proposals for more frequent settlement of the renewables obligation scheme have been rejected by the government. BEIS said the recent market turmoil, conflicting responses to its consultation on the issue and in some places unclear steers from stakeholders, had informed its decision.
In the latest round-up of the weekend news, money saving guru Martin Lewis claims rising energy bills mean “civil unrest isn’t far way”, a lithium producer warns supply constraints will make electric vehicle targets “impossible” and a three-quarters of Brits back onshore wind in a new poll following the release of the government energy security strategy.
Field sales in Great Britain’s energy market were largely suspended a decade ago following mis-selling scandals but does it still have a valuable role to play? This webinar will explore how retailers can deploy a more positive and progressive approach to face-to-face engagement that acts as a catalyst for growth in an uncertain world.
Date: 28/04/2022 11:00 am