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NewsGermany’s once booming solar power industry is declining at an alarming rate, with 20,000 jobs being lost in 2011 alone. Germany once had the biggest solar industry in the world, providing around 150,000 jobs by 2010, but that bubble seems to be starting to burst, as demand for solar technology drops, government subsidies are cut [...]
Posts under ‘Business Electricity’
The main problem with wind turbines
32,000 new turbines are planned, but how many understand the major flaw with the UK’s most popular renewable energy source? It seems at first glance to be the perfect solution to an ever-growing problem. Like the sun, the wind never ‘runs out’, and each turbine we build in the UK provides a little bit more [...]
Ofgem wants ‘better protection for businesses’
In a press release on Monday, Ofgem proposed new measures designed to shake up the business energy market, and encourage energy suppliers and brokers to provide a better service.
Rising gas prices push up energy bills
Wholesale natural gas prices are 40 per cent higher than they were this time last year. Despite criticism that green taxes and subsidies are pushing up energy prices, Ofgem remain certain that it is rising wholesale electricity prices that are to blame. An Ofgem report stated that wholesale gas is now 40% costlier than it [...]
Chris Huhne attacks critics
The Energy & Climate Change Secretary has called renewable energy critics ‘curmudgeons and faultfinders’ and says they are ‘selling Britain’s ingenuity short’. Chris Huhne seems to never be out of the spotlight. A couple of weeks ago he was slamming those who doubt the cost-effectiveness of renewable energy sources, such as wind power, and last [...]
‘Keep switching’, says Huhne at Energy summit
The UK has “relatively good electricity and gas prices”, the Energy Secretary said at the Energy Summit held on 17 October 2011. Mr Huhne said on Radio 4′s Today programme, that energy companies were “not the Salvation Army”. He added “We expect them to earn respectable returns for their shareholders but they need to be [...]
Nuclear is cheapest ‘low carbon’ energy source
Energy secretary gives the green light to nuclear development, despite fears over the management of nuclear waste. In a speech to the Royal Society today, energy secretary Chris Huhne confirmed that the UK is to continue with its plan to build new nuclear power plants that was set in motion by the current Labour Party [...]
Weightman report: nuclear power is safe
The final report by Mike Weightman commissioned after the Fukushima disaster in Japan confirms “no fundamental weaknesses” in the UK’s nuclear licensing program. The report makes 38 recommendations of lessons learned from Fukushima, but stresses that is that nuclear power is safer than it has ever been. The Department for Energy and Climate Change (DECC) [...]
Weightman to release report on nuclear power
Energy Secretary Chris Huhne is expected to use the report on the Fukushima disaster by Mike Weightman to push the UK’s new nuclear power program. The report on what can be learned from the Fukushima disaster is expected to kick-start the UK’s nuclear programme, despite criticism from Greenpeace and other environmental groups that it has [...]
Germany pushing for European super-grid
Law stating that Germany must outlaw nuclear power generation by 2022 is encouraging more talk of an EU-wide electricity system. After the Fukushima disaster in Japan, Germany decided to shut down its 17 nuclear power stations by 2022, closing the 7 oldest ones immediately. This has turned Germany from a net exporter of electricity, to [...]
