Good Energy freezes electricity prices

mattBusiness Electricity, Energy Efficiency, Wholesale Utilities Markets

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’ already this year. The supplier … Read More

UK businesses see energy as high risk

mattBusiness Electricity, Business Gas, Energy Efficiency, Utilities Market Regulation

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 Business Energy Index 2011 said … Read More

Germany to phase out nuclear by 2022

mattEnergy Efficiency, International, Wholesale Utilities Markets

German chancellor Angela Merkel has ordered all of the country’s nuclear power plants to be shut down by 2022. Merkel’s coalition government has performed a complete reversal of policy regarding nuclear power. There have been many anti-nuclear protests in Germany following the Fukushima nuclear disaster. Germany is the largest industrialised nation to go anti-nuclear for 25 years. The country is … Read More

Government ends funding to energy bodies

mattEnergy Efficiency, Utilities Market Regulation

The Department for Energy and Climate Change (DECC) has announced that the Carbon Trust and the Energy Saving Trust (EST) will no longer receive government funding DECC’s annual Delivery Review published last week announced the ending of core funding to both the Carbon Trust and the Energy Saving Trust. The two government-backed bodies will no longer receive financial support from … Read More

Huhne announces 50% carbon reduction by 2025.

mattEnergy Efficiency, Utilities Market Regulation

Energy Secretary Chris Huhne has committed the UK to halving carbon emissions by 2025, from 1990 levels. The Energy Secretary announced yesterday that ministers have accepted the Committee on Climate Change‘s proposal to reduce the UK’s carbon emissions by 50% by 2025 – the biggest commitment of any EU country so far. The secretary, briefing MPs on the 4th carbon … Read More

MPs say reforms are hiding nuclear subsidies

mattEnergy Efficiency, Utilities Market Regulation

A committee of MPs has said in a report released today that the planned reforms to the energy market are hiding subsidies for nuclear power The coalition government’s planned reforms of the energy industry are hiding subsidies for nuclear power, says the Energy and Climate Change Committee (ECCC). The committee claims these covert subsidies are betraying the previous promise that … Read More