Scottish Power's chief executive is hoping to attract customers by being straightforward about its green credentials, as 317,000 households left the supplier for rivals last year.
ByNeil Cornelius, managing director, Berkeley Research Group (BRG)
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 has refuted accusations alleging the firm will shortchange the Scottish supply chain following its commitment to become a fully wind generated firm.
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.
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.
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.
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.
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 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.
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.