Amid the Covid-19 pandemic, essential services such as power companies have a responsibility to ensure that people do not have to worry about their electricity and gas supplies.
As per documents revealed by market regulator Ofgem, Tesla has applied for entering a new sector in the United Kingdom- that of electricity generation. While there have not been any official statements from Tesla regarding the same, filings with the industry regulator have revealed what Tesla may be planning.
In already challenging times, a recent statement that announced the merger of E.ON’s Industrial & Commercial Unit with the Business Solutions division of Npower has worried thousands of employees across both companies.
Liberty Global and Telefonica have reached an agreement for merging their UK businesses. Liberty Global-owned Virgin Media UK provides broadband services while Telefonica owns the mobile carrier O2.
Worries and an uncertain future continue to loom for employees of UK energy company Npower. The company is in the middle of its 2-year restructuring process and as part of this restructuring, the company’s new owner, E.ON, will gradually merge Npower’s business with their own. This, however, is not the first time such a merger has been on the cards for Npower.
As the entire UK community comes together to battle the Covid-19 outbreak, businesses have also been going the extra mile to help those in need. Drax- the energy company, has helped several sections of society battle the pandemic – here’s how: