A 2013 UK Shale Gas Revolution? Unlikely.

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

Natural gas prices in the US have dropped by almost two thirds since they started ‘fracking’ for shale gas. Could we see a similar boost to the UK economy any time soon? Shale Gas – probably the only hope we have of producing a significant amount of useful, home-grown energy in the next decade or two. Some say it is … Read More

Government invests £6.5m in green engineering

mattEnergy Efficiency

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.

Wave power scheme likely to be cut

mattEnergy Efficiency

A £30 billion wave power scheme along the Severn estuary in Wales is set to be axed by the government. The wave power project was set to be the biggest in the world, and the loss will be a big blow to the Welsh economy. The Severn barrage was to span the Severn estuary between Wales and Somerset, however it … Read More

Study suggests positive renewable future for UK

mattEnergy Efficiency

Study shows renewable energy can fuel the UK and create thousands of jobs The first full economic valuation of the UK’s renewable energy sector has suggested that renewable energy could power the UK and create thousands of jobs. The report even suggests that by 2050 the UK could be exporting electricity. The study was carried out by the Offshore Valuation … Read More

E.ON unveils new wave power machine

mattEnergy Efficiency

E.ON UK has launched the UK’s first wave power generator The Pelamis P2 wave power device is 180m long and weights 750 tonnes. It can generate 750kW of electricity. The device is a first step into marine energy for the UK, with this device being the first of its kind to be tested anywhere in the world. The device was … Read More