Stay informed with free updates Simply sign up to the European companies myFT Digest — delivered directly to your inbox. Siemens Energy has been the second-best performing German blue-chip stock in 2025, with its shares more than doubling, but the dramatic recovery has been too slow for some investors who see its struggling wind business
It’s easy to turn the radiator up to the max in a bid to keep warm, but experts have warned against setting the dial to the highest number. Here’s what each setting means The radiator setting you pick can impact your bills(Image: fhm via Getty Images) Households have been warned against cranking their radiators beyond
Ofgem’s energy price cap is creeping up as the temperature goes down The average overall bill is rising to £1,758 a year – although it can be higher depending on usage As a wave of cold health alerts sweep across large parts of the UK, many households are bracing for an increase in energy bills
After a tiny decrease in the energy price cap in October, variable energy rates will rise again on 1 January. In November, market analysts predicted a further increase to the energy price cap on 1 April, but this has since been adjusted following an annoucement in the Autumn Budget that certain costs will be removed
Stay informed with free updates Simply sign up to the Energy sector myFT Digest — delivered directly to your inbox. Octopus Energy has swung back to an annual loss and saw its financial performance sharply deteriorate as it spent heavily on its rapid expansion. Octopus, which said it is now the UK’s largest household energy
A record number of renewable energy projects were given the go-ahead in Great Britain in 2025, after planning approvals almost doubled year on year, according to an analysis. The energy capacity of new battery, wind, and solar projects that received approval climbed to 45GW this year, 96% higher than in 2024, according to data from
Kraken uses AI to automate customer service and billing for energy companies and can manage when customers use energy, rewarding them for reducing consumption at peak times. It was initially built for use by Octopus but has since picked up a raft of other utilities clients, including EDF, E.On Next, TalkTalk and National Grid US.
A bill payer wrote in to say they were being pressured to take action Martin Lewis shared some tips about smart meters(Image: ITV) Martin Lewis has issued a warning for people who get a specific letter from their energy supplier. A recent episode of his BBC podcast featured a selection of the questions Mr Lewis
Octopus Energy has agreed to sell a stake in its Kraken software arm, in a move that would value the division at $8.65bn (£6.4bn) and could open the way for a stock market flotation. The technology, which it already licenses to some rival suppliers, has been vital to the energy company’s success, making it easier
Octopus Energy Group is preparing to spin out its technology arm Kraken in a landmark deal that values the business at $8.65 billion, following a $1 billion standalone investment round. The funding, announced in London on 29 December, is led by D1 Capital Partners, with participation from major global investors including Fidelity International, Durable Capital