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In April 2018, Flowgroup plc announced its intention to sell Flow Energy to [[Co-op Energy]]. Flowgroup had previously sold its boiler technology business to focus on energy supply.[{{cite news|title=Cash-strapped Flow Energy sells out to Co-op|url=https://www.telegraph.co.uk/business/2018/04/10/cash-strapped-flow-energy-sells-co-op/|newspaper=The Telegraph|author=Jillian Ambrose|date=10 April 2018}}] The sale was completed in May 2018[{{cite news|title=Co-op Energy acquires Flow|url=https://www.cooperativeenergy.coop/news-and-views/co-op-energy-acquires-flow/|website=Co-op Energy|date=2 May 2018}}] and following the completion of the sale of the boiler and the Energy business, Flowgroup de-listed from the UK stock market and subsequently entered administration in November 2018.[{{cite news|title=Administrators in at Flowgroup|url=https://www.insidermedia.com/insider/northwest/administrators-in-at-flowgroup|website=Insider Media ltd|date=12 November 2018|author=Matthew Ord}}] |
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In April 2018, Flowgroup plc announced its intention to sell Flow Energy to [[Co-op Energy]]. Flowgroup had previously sold its boiler technology business to focus on energy supply.[{{cite news|title=Cash-strapped Flow Energy sells out to Co-op|url=https://www.telegraph.co.uk/business/2018/04/10/cash-strapped-flow-energy-sells-co-op/|newspaper=The Telegraph|author=Jillian Ambrose|date=10 April 2018}}] The sale was completed in May 2018[{{cite news|title=Co-op Energy acquires Flow|url=https://www.cooperativeenergy.coop/news-and-views/co-op-energy-acquires-flow/|website=Co-op Energy|date=2 May 2018}}] and following the completion of the sale of the boiler and the Energy business, Flowgroup de-listed from the UK stock market and subsequently entered administration in November 2018.[{{cite news|title=Administrators in at Flowgroup|url=https://www.insidermedia.com/insider/northwest/administrators-in-at-flowgroup|website=Insider Media ltd|date=12 November 2018|author=Matthew Ord}}] |
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On 2 October 2020, Ofgem published its notice of proposal to issue a Final Order (FO) on Flow Energy in accordance with Section 25(1) of the Electricity Act 1989 (EA89).[{{cite web|url=https://www.ofgem.gov.uk/publications-and-updates/flow-energy-limited-final-order |title=Flow Energy Ofgem Order 2020}}] |
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On 2 October 2020, Ofgem published its notice of proposal to issue a Final Order (FO) on Flow Energy in accordance with Section 25(1) of the [[Electricity Act 1989]] (EA89).[{{cite web|url=https://www.ofgem.gov.uk/publications-and-updates/flow-energy-limited-final-order |title=Flow Energy Ofgem Order 2020}}] |
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Around 2014, the company developed a household [[boiler]] that fed back electricity to the local distribution network. The boiler, which was available to customers from early 2016, provided heating and hot water whilst also generating low-carbon electricity using its patented [[microCHP]] ([[Combined Heat And Power|Combined Heat and Power]]) technology,[{{cite web|url=http://www.connectingindustry.com/energymanagement/-flow-taking-orders-for-its-revolutionary-electricity-generating-boiler-.aspx|title=Flow taking orders for its revolutionary electricity-generating boiler|last=Peake|first=Lisa|date=14 January 2016|work=Connecting Industry|archive-url=https://web.archive.org/web/20201124041733/https://www.connectingindustry.com/energymanagement/-flow-taking-orders-for-its-revolutionary-electricity-generating-boiler-.aspx|archive-date=24 November 2020|access-date=23 April 2020|url-status=dead}}] in which waste heat evaporated a low-boiling-point liquid to run an interlocking twin 2D scroll-shape turbine generator.[{{cite news|url=https://www.theguardian.com/money/2015/jan/17/new-boiler-generates-electricity|title=The new boiler that generates electricity for the National Grid|last1=Brignall|first1=Miles|date=2015-01-17|newspaper=The Guardian}}] ''[[The Guardian]]'' called the financial arrangement "unusual": customers would typically pay £1,200 to have the boiler installed and sign a five-year finance agreement with [[Zopa]] for the rest of the cost, but Flow would reimburse the monthly payments on the loan. After five years, provided the customer retained Flow as their energy supplier, Flow would start to pay them half the income received (through the [[Feed-in tariffs in the United Kingdom|feed-in tariff]] mechanism) for the electricity generated.[{{cite news|newspaper=The Guardian|url=https://www.theguardian.com/money/2015/jan/17/new-boiler-generates-electricity|title=The new boiler that generates electricity for the National Grid|first=Miles|last=Brignall|date=17 January 2015}}] |
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Around 2014, the company developed a household [[boiler]] that fed back electricity to the local distribution network. The boiler, which was available to customers from early 2016, provided heating and hot water whilst also generating [[low-carbon electricity]] using its patented [[microCHP]] ([[Combined Heat And Power|Combined Heat and Power]]) technology,[{{cite web|url=http://www.connectingindustry.com/energymanagement/-flow-taking-orders-for-its-revolutionary-electricity-generating-boiler-.aspx|title=Flow taking orders for its revolutionary electricity-generating boiler|last=Peake|first=Lisa|date=14 January 2016|work=Connecting Industry|archive-url=https://web.archive.org/web/20201124041733/https://www.connectingindustry.com/energymanagement/-flow-taking-orders-for-its-revolutionary-electricity-generating-boiler-.aspx|archive-date=24 November 2020|access-date=23 April 2020|url-status=dead}}] in which [[waste heat]] evaporated a low-boiling-point liquid to run an interlocking twin 2D scroll-shape turbine generator.[{{cite news|url=https://www.theguardian.com/money/2015/jan/17/new-boiler-generates-electricity|title=The new boiler that generates electricity for the National Grid|last1=Brignall|first1=Miles|date=2015-01-17|newspaper=The Guardian}}] ''[[The Guardian]]'' called the financial arrangement "unusual": customers would typically pay £1,200 to have the boiler installed and sign a five-year finance agreement with [[Zopa]] for the rest of the cost, but Flow would reimburse the monthly payments on the loan. After five years, provided the customer retained Flow as their energy supplier, Flow would start to pay them half the income received (through the [[Feed-in tariffs in the United Kingdom|feed-in tariff]] mechanism) for the electricity generated.[{{cite news|newspaper=The Guardian|url=https://www.theguardian.com/money/2015/jan/17/new-boiler-generates-electricity|title=The new boiler that generates electricity for the National Grid|first=Miles|last=Brignall|date=17 January 2015}}] |
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The boiler was manufactured by [[Jabil Circuit|Jabil Circuit Inc]], an OEM manufacturing partner.[{{cite web|url=http://telegraphinvestor.moneyam.com/news/article/4925263/Flowgroup-starts-volume-production.html|title=Flowgroup starts volume production|work=Telegraph Investor}}] The boiler was designed in [[Capenhurst]] near Chester and manufactured in Livingston, Scotland.[{{cite web|url=https://www.247homerescue.co.uk/flow-energys-money-saving-electricity-generating-gas-boiler-to-become-available-in-january/|title=low Energy's money-saving electricity-generating gas boiler to become available in January|work=247 Home Rescue|date=2014-10-30}}] In July 2014 the company opened a research, training and development facility in [[Runcorn]], Cheshire, where [[Gas Safe Register|Gas Safe]] registered engineers undertook surveying, installation and aftercare training programmes to become accredited installers of the Flow boiler.[{{cite web|url=http://www.iii.co.uk/research/LSE:FLOW/news/item/1500590/final-results|title=Flowgroup plc (LSE:FLOW) Share Price|work=Interactive Investor}}] |
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The boiler was manufactured by [[Jabil Circuit|Jabil Circuit Inc]], an OEM manufacturing partner.[{{cite web|url=http://telegraphinvestor.moneyam.com/news/article/4925263/Flowgroup-starts-volume-production.html|title=Flowgroup starts volume production|work=Telegraph Investor}}] The boiler was designed in [[Capenhurst]] near Chester and manufactured in Livingston, Scotland.[{{cite web|url=https://www.247homerescue.co.uk/flow-energys-money-saving-electricity-generating-gas-boiler-to-become-available-in-january/|title=low Energy's money-saving electricity-generating gas boiler to become available in January|work=247 Home Rescue|date=2014-10-30}}] In July 2014 the company opened a research, training and development facility in [[Runcorn]], Cheshire, where [[Gas Safe Register|Gas Safe]] registered engineers undertook surveying, installation and aftercare training programmes to become accredited installers of the Flow boiler.[{{cite web|url=http://www.iii.co.uk/research/LSE:FLOW/news/item/1500590/final-results|title=Flowgroup plc (LSE:FLOW) Share Price|work=Interactive Investor}}] |