A Cabal of Energy Traders accused of subterfuge in spark market

The U.K.’s energy regulator is investigating whether traders manipulated some derivatives prices, according to documents seen by Bloomberg News and a person familiar with the situation. The probe, known as “Project Damson,” is focused on alleged efforts by U.K. traders…

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Big six energy firms accused of understating profits

The big six have been accused of “hiding” their profit margins to head off intervention in the energy market. Energy suppliers are making handsome margins of up 24 per cent on standard variable tariffs, a leading newspaper has claimed. The…

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UK Businesses could save £860m in energy by changing mindset

Retail, manufacturing and administration firms could save up to £860 million in energy if a “carbon psychology” approach is taken to improve business energy management processes. A report from Npower Business Solutions (NBS) revealed that effective behaviour change initiatives could…

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Over 53% of UK Business would like support to cut rising energy costs

A survey of more than 2,100 business across England and Wales by the British Chambers of Commerce (BCC) and British Gas, has highlighted the need for financial aid to helps businesses reduce their energy costs. The results suggest that in…

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Telnergy – Best Small Business Employer

Telnergy was recently recognised by Aylesbury College as the best small business employer in Buckinghamshire. The college was celebrating the resounding success of it’s National Apprentice scheme, in which 35 graduates in Buckinghamshire benefitted. Mr John Bercow MP praised the…

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Tesla loses latest battle with Ecotricity

Tesla, the US electric car and battery maker, has lost the latest round of a long-running spat with UK energy company Ecotricity. The company, owned by billionaire Elon Musk, had lodged a complaint with the UK’s Advertising Standards Authority (ASA) about…

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Welsh home installs UK’s first Tesla Powerwall storage battery

The setting is decidedly modest: a utility room in a red-brick house at the end of a cul-de-sac in Wales. But if the hype turns out to be right, this may be the starting point for an energy revolution in the…

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