Business worried about keeping the lights on

adminBusiness Electricity, Business Gas, International, Utilities Market Regulation, Wholesale Utilities Markets

A new report produced by the Confederation of British Industry (CBI) has revealed a lack of confidence in Britain’s infrastructure, compared to our European counterparts. The CBI/KPMG Infrastructure Survey 2012 provides a business-wide assessment of the state of the UK’s economic infrastructure networks. The survey underlines the critical role that infrastructure plays in making the UK an attractive place to … Read More

Winter energy price rises begin with SSE

adminBusiness Electricity, Business Gas, Utilities Market Regulation

Scottish & Southen Energy are the first to announce their winter price hike, something that’s become a regular fixture in the UK in recent years. The energy giant which also owns the Southern Electric, Atlantic, SWALEC, Scottish Hydro and Airtricity brands, is increasing household prices by 9% on both gas and electricity. Although this does not affect their business gas … Read More

Wind subsidies to be cut by 10%

adminBusiness Electricity, Energy Efficiency, Utilities Market Regulation, Wholesale Utilities Markets

Wind subsidy reduction hailed by Department of Energy and Climate Change Secretary Ed Davey as a “victory”. The government wanted to reduce it to 75% of current levels, but it has now been agreed that it will be reduced to only 90% of the current subsidy. The coalition announced its plans for the future of Britain’s energy security in its … Read More

Sustainable development is ‘meaningless drivel’

adminBusiness Electricity, Business Gas, Energy Efficiency, International, Utilities Market Regulation, Wholesale Utilities Markets

James Lovelock, long-time environmental guru and the inventor of the Gaia Hypothesis says environmentalism is taking over from Christianity, and thinks we should ‘go mad on’ shale gas. In an interview in the Guardian, the celebrated environmental scientist also declares that he is not worried about sea-level rises, Germany is crazy for ditching nuclear power, how wind turbines are “ugly … Read More

Energy Bill 2012: Ed Davey sets out reforms

adminBusiness Electricity, Business Gas, Utilities Market Regulation, Wholesale Utilities Markets

Plans were outlined today for the future of Britain’s energy security, with nuclear, gas and renewables all to have essential roles in our energy mix in the coming decades. The Department For Energy & Climate Change today released a draft of the long-awaited energy bill, with the three goals of “Keeping the lights on, consumers energy bills down and creating … Read More

Ofgem staff pocket £1million in bonuses

adminBusiness Electricity, Business Gas, Utilities Market Regulation

Figures show that the energy regulator has given some staff bonuses in excess of £20,000. Scandal? Fair? Or just a gravy train? The information was revealed after shadow energy secretary Caroline Flint submitted a written request in parliament. In summary: Two people received over £20,000 in 2010. 14 people received £10,000 in 2010 – 2011. 38 people received £5,000 in … Read More

Olympic Games Street Works Embargo

adminBusiness Electricity, Business Gas

New Electricity and Gas Connections will not be possible in certain areas of London in the run up to and during the Olympic Games. Known as the Clearway Project, from now until September, there are no street works allowed on ‘key parts’ of the Olympic Route Network (ORN). This will be expanded to cover the whole ORN from July 2012, … Read More