Georgia Power ‘first’ US utility to issue sustainability bond

The bond proceeds will be allocated to fund the company’s environmental, renewable and social initiatives, with a total of around $742m to support sustainable projects

Utility Team is proud to announce net zero commitment for 2025

Delvin Lane, CEO of Utility Team, told future Net Zero about the energy consultancy’s bold new plans to slash emissions

SES Water meets leakage reduction target for 21st consecutive year

The utility has installed smart meters in 220 homes, which allowed customers to track usage and identify leaks

‘Almost half of all utility project groundwork puts workers at risk’

A new report says underground pipes and cables are often not properly mapped out before excavation work begins

Iberdrola commits fifth of its energy spend to UK

Spanish utility giant Iberdrola plans to invest €32 billion (£28.3bn) in the energy sector between 2018 and 2022 to build solid foundations for sustainable growth in the future. The firm is still confident in the UK’s heat and electricity industry and plans to spend nearly a fifth of the aforementioned funding on British shores. In […]

Love Energy Savings launches new corporate division

A business energy comparison and switching service has launched a new corporate services division to offer greater transparency for its customers. Love Energy Savings, which won ELN’s Super Consultancy of the Year, has announced the appointment of three senior staff members to spearhead the new part of the business. The move into the industrial and […]

New multi-utility operator launched in UK

Two firms have joined forces to launch a new multi-utility operator in the UK. Leep Utilities will provide a platform to invest in and benefit from the growth in independent gas, electricity, district heating and water networks. It is a joint venture between Manchester-based private real estate investment and infrastructure company Peel Group and infrastructure […]

SSE profits up 2.1% in last business year

SSE’s pre-tax profits hit £1,546 million in the 2016/2017 business year, an increase of 2.1%. The Big Six firm, which is the only UK business to be involved in electricity transmission, electricity distribution and gas distribution, today published preliminary financial results for the period ending the 31st of March 2017. The success is largely a […]

Tech giants set to enter energy markets

Technology firms can engage with energy consumers in a way that traditional utilities cannot. That’s according to Perry Stoneman, Global Head of Utilities at consulting firm Capgemini, who told ELN that 2017 would be the year the tech-giants entered the energy marketplace on a large scale. He said companies like Apple, Google, Microsoft and Amazon are […]

New energy supplier to challenge Big Six

A new energy company aims to challenge the dominant Big Six utilities by providing what it calls “fair for all” tariffs. MME is joining forces with procurement firm YPO which buys gas and electricity on behalf of more than 40 local authorities. Together they claim they will offer better energy deals to thousands of households […]