Company strategy

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As the nation enters the first phase of returning to work, two landmark projects - Hinkley Point C and Thames Tideway - have brought staff back to sites with guidance on how to operate under social distancing rules.
News

Featured

The Covid-19 outbreak offers a unique opportunity for the sector to reappraise supply chain robustness, address the resilience of excessively leveraged balance sheets and prompt a discussion around the true value of essential workers, says Arenko’s James Mills
Opinion
We introduce a new series celebrating the tireless work carried out across the utilities sector to ensure the lights stay on and the water and gas keeps flowing during lockdown. As well as highlighting individuals and teams going above and beyond their day-to-day roles we will be examining how companies are adapting to new responsibilities and taking the initiative to extend support – both operational and financial - where it is needed most.
News
Even before the coronavirus, understanding which of their customers would come under the broad umbrella of “vulnerable” was a key challenge for utilities companies. Here data specialist Mike Fox looks at ways companies can use their own data to search out difficult-to-identify vulnerabilities.
Opinion

Latest in Company strategy

The long-standing discipline of asset management is undergoing transformation in the utilities sector as the forces of decarbonisation and decentralisation make themselves felt, alongside rising regulatory expectations for service and operational efficiency. But do companies feel they have the asset information and understanding they need to underpin the shift? Utility Week explores the challenge in a new report.
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Disruptor brand Rebel Energy has postponed its launch until 2022 when it hopes to profit from a “decidedly different” competitive landscape. In a letter to customers Rebel’s chief executive and former BP trader Dan Bates and chief operating officer Penelope Hope highlighted how the energy crisis had caused a number of suppliers to fail in recent months. They added that once the current energy crisis has subsided Rebel exists to “stand in the gap”.
News
As part of our Countdown to COP series, Ovo Energy’s director of sustainability, Dr Rebecca Heaton, discusses the company’s Plan Zero as well as what COP26 means to her.
Interviews
Centrica Business Solutions has established a dedicated team to develop, build, manage and optimise a portfolio of solar farms and battery storage systems that will be used to supply its customers with clean energy. The company said Centrica Energy Assets will aim to build 650MW of solar farms and 250MW of batter storage by 2026.
News
Affinity Water has issued its first green bond to the value of £130 million to fund projects that will improve the environment as the company works to improve biodiversity and energy efficiency, reduce and prevent pollution, and improve the sustainability of water supplies.
News
Elexon has decided to bar small supplier Omni Energy from registering new electricity meters after the company failed to sufficiently reduce its credit cover percentage. The disruptor brand, which specialises in serving in prepayment meter (PPM) customers, previously warned it was “highly likely to cease trading”.
News
A more than £1 billion tax windfall should be used to help fuel poor households in the forthcoming budget, the head of the charity National Energy Action has argued. Adam Scorer warned that without emergency support, millions of households will sink further into debt or be forced to turn off their heating, becoming at risk of serious ill-health.
News
Scottish and Southern Electricity Networks (SSEN) Distribution has been officially recognised by the global Science Based Targets initiative (SBTi) for its carbon reduction ambitions. The network operator will strive to cut its emissions in line with the Paris Agreement goal to limit global warming to 1.5°C above pre-industrial levels.
News
Good Energy, Green Energy UK and Ecotricity have been accredited by Which? as its first ‘Eco Providers’ for energy. The consumer group assessed the green energy credentials of more than 40 energy suppliers, giving each of them a score of out 20.
News
Ofgem has been threatened with legal action by a number of small suppliers which said they no longer have confidence in the regulator and have demanded redress for what they deem as its failings. In a letter written by Jo Gilbert, the former chief operating officer of the recently failed PFP Energy, Ofgem was accused of helping to bring the energy market “to its knees”.
News
Getting consumers to engage with net zero is going to require big changes to service strategies. But are utilities clear on what those changes should look like for a diverse spectrum of customers?
Analysis
As part of our Countdown to COP series, Utility Week speaks to Suleman Alli, director of customer service, strategy, regulation and information services at UK Power Networks. He discusses the legacy of COP26 but also delves into action his company is taking to facilitate on-street electric vehicle charging and how it aims to “write the book on green home heating”.
Interviews
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