Centrica’s profits collapse by 31% in 2020

The energy supplier also reported a £362 million loss from continuing operations

Italy’s hardest-hit Covid-19 region to become ‘hydrogen valley’

The area will become home of new hydrogen trains supported by new production facilities

Royal Dutch Shell reports 21 billion dollar loss

The company’s net debt increased by $1.9 billion in the last three months of the year

Water bills drop by a drip! £2 saving from April

Water bills are estimated to be at the same level as a decade ago

Energy consultancy Utility Alliance goes bust

The closure is estimated to result in a loss of 310 jobs

Households face £24 extra a year in energy bills

The ‘Adjustment Allowance’ was introduced in winter 2020 to help suppliers deal with the economic fallout

Could COP26 be further postponed due to COVID-19?

Media reports suggest the United Nations summit could be delayed for a second time if the pandemic situation worsens

Symbio Energy faces £100k Ofgem fine for late renewables payments

The proposed penalty follows four late payments into the FiT and RO schemes

Bank of England warned of ‘moral hazard’ risks from high-carbon bond purchases

The Environmental Audit Committee says the bank’s corporate bond purchases are currently aligned with a ‘catastrophic’ 3.5°C temperature rise by 2100

Britain’s smart meter installations in 2020 at lowest level since 2016

Coronavirus outbreak impacted smart meter installations which dropped by 27% last year, according to a new report