Price caps: the industry responds

The government will today publish new legislation that will allow it to take powers to direct Ofgem to set a price cap for all energy customers. Meanwhile Ofgem has published proposals to extend its price cap for vulnerable customers. Legislation and…

Innogy takes full ownership of Triton Knoll

Innogy has acquired Statkraft’s 50% stake in the 860MW Triton Knoll offshore wind farm, making it the project’s sole owner. But Innogy chief operating officer Hans Bünting said it may not stay that way, commenting, “With full control over Triton Knoll, we…