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NewsA letter from the Prime Minister’s Senior Policy Adviser suggests current energy policy could add 30% onto household energy bills. In a letter leaked to the Telegraph, from Prime Minister’s advisers Ben Moxham and Gila Sacks, there are claims 30% increases in household bills could be seen by 2020. Senior Policy Adviser Ben Moxham said [...]
Posts under ‘Energy Efficiency’
Marubeni invests £200m in UK windfarm
Marubeni Corp has become the first Asian company to invest in UK renewable energy. The Japanese conglomerate has invested £200m for a 49.9% share in a UK wind farm owned by Danish renewable firm Dong Energy. Marubeni‘s investment is in the Gunfleet Sands wind farm, located off the Essex coast. The wind farm began full [...]
Government invests £6.5m in green engineering
The government has announced a £6.5m investment in the future of green engineering The programme will train students in the design of wind turbine blades, amongst other renewable energy initiatives. Business Secretary Vince Cable said the scheme will help to pay for 50 students to be trained in the most innovative future technologies.
Barclays launches farmers renewables fund
Barclays Bank has launched a £100m renewable energy fund for farmers due to a surge in interest Barclays say research shows more than one third of UK farmers want to install renewable energy projects on their farmland, most of them within a year. Farmers hope to generate average returns of £25,000 pounds per year, Barclays [...]
Waste and biomass plants get go ahead
a waste conversion plant in Billingham and two new biomass power stations in Yorkshire and Lincolnshire have been given the go ahead by the government. UK Energy Minister Charles Hendry announced the acceptance of the proposal from Drax, who owns the country’s largest coal-fired power station. The two plants are of 299MW capacity each, but [...]
CBI advises on carbon floor price
The Confederation of British Industry (CBI) has called on the government to exempt energy intensive companies from paying a fixed carbon price. The government currently plan to charge a floor price for carbon consumption from April 2013. The business lobby group warn that this could drive out energy-intensive businesses.
Good Energy freezes electricity prices
Good Energy has committed to freezing electricity prices until at least 2012. The supplier, that supplies to around 26,000 people in the UK, have pledged to a price freeze on electricity tariffs. Good Energy‘s electricity tariff has not risen since August 2008, a contrast to the high price increases by three of the ‘big six’ [...]
UK businesses see energy as high risk
British businesses have rated energy supply and costs as a top risk factor to their business in a survey The survey, conducted by RWE Npower, found three hundred companies, both major energy users and smaller businesses, rated energy as a top risk concern along with sales and legislation. Only 66% of those surveyed in Npower’s [...]
Huhne outlines electricity market reform
UK Energy Secretary Chris Huhne unveiled proposals set to bring about the biggest reforms since privatisation. The UK government announced on Tuesday that the UK’s energy infrastructure will need £110bn of investment to keep the lights on. Chris Huhne told parliament that without reform and substantial financial investment, the country will be facing blackouts.
CCC advises government to step up carbon reduction
The Committee on Climate Change has advised the government to step up carbon reduction efforts in their latest report The advisory body said that the country’s greenhouse gas emissions are not dropping fast enough to meet targets. The CCC advised that a new range of carbon reduction tools is needed to achieve a faster rate [...]
