Centrica’s value plunges £1bn as customers defect
The owner of Scottish Gas suffered a near-£1 billion plunge in value yesterday despite it more than quadrupling profits during 2018.
ScottishPower
More people ditching ‘big six’ energy providers
Consumers are increasingly switching to small and medium sized energy providers and shunning the "Big Six", according to new figures.
ScottishPower links with car dealership to make electric vehicle switch ‘simpler’
Utility giant ScottishPower has announced a new agreement with UK car dealership Arnold Clark to make the switch to electric vehicles (EVs) "simpler".
‘We’re definitely going for’ Scottish offshore wind projects, say ScottishPower top dogs
ScottishPower bosses have confirmed that they are "definitely going for" and are "actively engaged" in the offshore wind market north of the border.
ScottishPower officially opens £1.2bn German offshore windfarm
ScottishPower’s parent firm, Iberdrola, today officially opened its huge £1.2 billion offshore windfarm off the coast of Germany.
Thousands of customers leave ScottishPower before renewables switch
Almost 100,000 customers left ScottishPower during the third quarter as the energy company prepares to make the switch to fully renewable power.
Renewables firms in letter to BEIS secretary on onshore wind ‘exclusion’
A number of high-profile renewable energy firms have penned a letter to the UK energy minister in a bid to free up regulation around onshore wind.
Fossil fuels are not against ScottishPower parent’s philosophy
As well as confirming that the vertically integrated UK energy utility model has much in common with the dodo, the Iberdrola sale of generating assets to Drax suggests that different perceptions of merchant power value are now a key strategic differentiator between energy companies.
ScottishPower hits out at accusations of ‘short-changing’ Scotland supply chain
ScottishPower has refuted accusations alleging the firm will shortchange the Scottish supply chain following its commitment to become a fully wind generated firm.
ScottishPower switches to 100% wind generation following £702million asset sale
ScottishPower has switched to 100% wind power generation after selling its gas and hydro business in a £702million deal.
Trade body warns of investment threat to onshore wind
A new report by energy trade body RenewableUK has warned that the UK Government's "policy of blocking" onshore wind is a threat to future investment in the sector.
How much has your energy bill increased?
The latest British Gas price hike follows similar recent rises from other suppliers affecting millions of households.
ScottishPower loses 100,000 customers
ScottishPower said today that its UK customer numbers have fallen by 100,000 since the end of last year to five million.
200,000 customers dumped ScottishPower in 2017
ScottishPower said today that it lost about 200,000 retail customers in 2017, resulting in a 50% drop in earnings for its generation and supply business.
ScottishPower to shed 200 jobs
Utility firm ScottishPower is to cut 200 jobs as part of a voluntary redundancy scheme.
ScottishPower says price cap ‘bad for everyone’ as customers flee
A boss at ScottishPower has warned that the UK Government’s proposed energy price cap will be bad for consumers, companies and investor confidence.
SSE, ScottishPower lose 330,000 customers
Two Scottish energy suppliers lost about 330,000 customers between them as more UK households switched away from the industry’s “Big Six” to cheaper rivals.
UK earnings slump at ScottishPower owner as customers flee
The owner of energy giant ScottishPower has revealed that UK generation and supply earnings have sunk by 76% after losing around 100,000 customers in the first half of the year.
ScottishPower loses 160,000 customers
The owner of energy giant ScottishPower has revealed UK generation and supply earnings slumped by more than a fifth after it lost around 160,000 customers in a “challenging” year.
British Gas freezes prices, ScottishPower goes the other way
British Gas is to extend a price freeze for customers on its standard energy tariff until August, while ScottishPower has announced a 7.8% rise in standard gas and electricity bills.
Power Station expansion plan could create thousands of jobs
A £400million plan to expand capacity at a massive underground power station could create thousands of jobs in the Highlands if it is backed by government.