2013 budget announces shale gas tax breaks

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

Tax breaks for shale gas companies, and Climate Change Levy Exemption for ceramics companies were announced in the 2013 budget. The Chancellor George Osborne today unveiled his 2013 budget, which he said would help “those who want to work hard & get on”. But there was no sign of the new, simpler ‘carbon tax’ that we thought might possibly replace … Read More

Drax power station: coal to biomass

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

The largest carbon emitter Britain is to stop burning coal to comply with EU laws, and will instead burn imported American wood chips. Running on coal, Drax has long been a symbol of Britain’s energy industry, but its move to biomass means it is fast becoming a symbol of our confusing and convoluted present day energy policy. Built right next … Read More

CRC Scheme league table to be published late

adminBusiness Electricity, Business Gas, Energy Efficiency

The performance table for the CRC (Carbon Reduction Commitment) Energy Efficiency Scheme is due to be published in the coming days. The Environment Agency (EA) has confirmed that the Energy Efficiency Performance League Table (PLT) is almost ready, with over 2,700 organisations being measured and ranked in order of how efficiently they use the energy they buy. The Carbon Reduction … 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

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

Budget 2012: New carbon taxes for businesses?

adminEnergy Efficiency, Utilities Market Regulation, Wholesale Utilities Markets

In the budget today, the Chancellor George Osborne announced plans for a new “alternative environmental tax”, as a result of reforming or scrapping the Carbon Reduction Commitment. The Carbon Reduction Commitment, also known as the CRC Energy Efficiency Scheme, is designed to reduce the energy consumptions of the largest businesses in the UK, by placing them in a league table … Read More

Which? calls for carbon price to be scrapped

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

The consumer watchdog has begun a campaign to get the carbon floor price scrapped, saying that it is nothing but a burden on UK energy consumers and businesses. The program is designed to encourage energy suppliers to generate more from low-carbon technologies, but Which? says that it will add to our bills without really changing how the suppliers invest. It’s … 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

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