CBI warns UK of green energy failure

Web MasterBusiness Electricity, Business Gas, Energy Efficiency, Utilities Market Regulation, Wholesale Utilities Markets

The Confederation of British Industry (CBI) has warned that the UK is failing to attract low-carbon investment The CBI warned today that Britain is failing to attract enough the investment required to build a low-carbon energy infrastructure. They claim that the energy sector will require £150bn of private investment alone over the next 20 years, to replace the third of … Read More

SSE sells three wind farms

Web MasterEnergy Efficiency

Scottish and Southern Energy has sold three of its wind farms for £173.6 million SSE, the second biggest energy supplier in the UK, has sold the three wind farms to renewable energy company Infinis. The three wind farms have a total capacity of nearly 100MW, and are located in Dumfries and Galloway in Scotland and the third in Northern Ireland.

Shale gas may be dirtier than coal

Web MasterEnergy Efficiency, International, Wholesale Utilities Markets

Study suggests new method for obtaining gas from shale beds could be more harmful to the environment than coal Shale gas refers to gas obtained from shale beds through a new and more complex process of hydraulic fracturing or “fracking”. “Fracking” consists of blasting water, sand and various chemicals into a shale bed two to three kilometres below ground, to … Read More

Businesses want CRC scheme axed

Web MasterBusiness Electricity, Business Gas, Energy Efficiency

45% of business energy customers say the government’s CRC scheme is just another name for tax A survey conducted for npower has found that nearly half of business energy customers believe the Carbon Reduction Commitment Energy Efficiency Scheme (CRC) is unnecessary, with over a quarter thinking it will not help the UK reach its carbon reduction targets. The CRC scheme … Read More

Britain falls 10 places in green rankings

Web MasterEnergy Efficiency, International

The UK has fallen from third place to thirteenth place in the green investment rankings According to rankings published yesterday by The Pew Charitable Trust, Britain has significantly faltered in its push to be a major player in global renewable energy. Britain’s 13th place means the UK is behind developing nations such as Brazil (6th) and India (10th).

Japan quake increases energy price worries

Web MasterEnergy Efficiency, International, Wholesale Utilities Markets

What does the catastrophic record-magnitude earthquake in Japan mean to the worldwide energy industry? With the disastrous events in Japan following the record magnitude earthquake, the country has experienced some problems with one of its nuclear power stations in Fukushima. Nuclear reactors are meant to be built to withstand seismic activity, but the plant is still experiencing some significant difficulties, … Read More

UK at top of European Commission report

Web MasterEnergy Efficiency, International

The UK is one of the most energy efficient nations in Europe, says a European commission report. The European Commission report says the UK’s energy use fell by 5% between the year 2000 and 2008. In comparison, German energy use stayed at the same rate whilst France’s energy use grew by 7%. The report found that in total, there was … Read More