BP hit hard in the aftermath of the disaster in the Gulf of Mexico It’s almost two months since the widely reported disastrous oil spill in the Gulf of Mexico, where the Deepwater Horizon BP oil rig exploded and was sunk on April 20, killing 11 workers and leaving a hole in the ocean floor spewing around 5000 barrels of … Read More
Study suggests positive renewable future for UK
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
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
Nuclear power & a new government
What is the UK Nuclear industry looking forward to under a new government? Hung Parliament & Nuclear Power Following the televised debates, polls are indicating that the chances of one party gaining enough of a majority to be elected has significantly dropped. This has led to concerns that the nuclear power plans put in place by the Labour government could … Read More
Oil demand to rise
The International Energy Agency (IEA) has forecast that oil demand will hit an all time high this year. This comes after recent news that oil prices went up to $87 per barrel, the highest it has been in the 18 months since October 2008. The IEA has reported that due to a big increase in global oil demand including a … Read More
New UK wind turbine factory
German company Siemens announces a new wind turbine factory is to be built in the UK. The new factory, expected to cost almost £80m and create hundreds of jobs, is another big boost to the government’s future renewable energy plans. Last year, the only major wind turbine factory in the UK, owned by Danish company Vestas and situated on the … Read More
Countdown to CRC
It’s nearly April, so Half-Hourly metered companies need to think about the CRC. The CRC (Carbon Reduction Commitment) Energy Efficiency Scheme comes into effect on the 1st April 2010. It’s not only the very largest companies/energy consumers that have to participate under the new CRC legislation. If you have a Half-Hourly meter, you need to disclose information about your energy … Read More
Bloom Box launched
This week saw the launch of Bloom Energy’s new fuel cell technology, called the Bloom Box. The Bloom Box was launched this week at the eBay headquarters in California. The launch was attended by former secretary of state, Colin Powell, and Arnold Schwarzenegger, governor of California. The box is designed by a former Nasa scientist, and it uses fuel cells, … Read More
EDF profits boosted by nuclear acquisitions
The French energy giant has reported a net income of £3.4bn for the financial year. EDF, who are planning to build a number of next generation nuclear power stations in the UK, saw sales increase by 4pc to €66.3bn. EDF’s growth has been attributed to it’s acquisition of British Energy, the UK nuclear operator for a reported £12.5bn at the … Read More
£100bn wind farm plans unveiled
Huge new windfarms are to be built around the UK in a £100bn scheme The new plans are for offshore wind farms to be built around the UK on nine different locations, totalling about 6,400 new wind turbines. These offshore wind farms will be unlike anything the UK has seen before. The largest of the new farms will consist of … Read More