Npower to increase gas and electricity prices

Web MasterBusiness Electricity, Business Gas, Wholesale Utilities Markets

Npower yesterday announced rises in gas and electricity prices which will come into effect later this year. Energy company Npower is to raise gas prices by 15.7% and electricity prices by 7.2% from 1 October. Npower is the fifth of the “big six” UK energy suppliers to announce rises for the coming winter, following Scottish and Southern Energy, Scottish Power, … Read More

North Sea oil leak “substantial” says DECC

Web MasterWholesale Utilities Markets

Shell gas has announced a ruptured pipeline has spilt a substantial amount of oil into the North Sea The spill, coming from the pipeline leading to the Gannet Alpha oil platform 113 miles (180 km) off Aberdeen, is said to have been releasing oil into the North Sea since last week. The Department of Energy and Climate Change (DECC) said: … Read More

British Gas suspends doorstep sales

Web MasterBusiness Electricity, Business Gas

British Gas have announced they are to suspend door to door selling for an initial period of 3 months The Centrica owned company has called the practice “outdated”. The decision follows harsh criticism of door to door selling by Consumer Focus.

Waste and biomass plants get go ahead

Web MasterEnergy Efficiency

a waste conversion plant in Billingham and two new biomass power stations in Yorkshire and Lincolnshire have been given the go ahead by the government. UK Energy Minister Charles Hendry announced the acceptance of the proposal from Drax, who owns the country’s largest coal-fired power station. The two plants are of 299MW capacity each, but the plans will reportedly be … Read More

Good Energy freezes electricity prices

Web MasterBusiness 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

Scottish and Southern raises prices

Web MasterBusiness Electricity, Business Gas

Scottish and Southern Energy (SSE) is the latest of the big six UK suppliers to raise prices. SSE follow Scottish Power and Centrica who have both already announced similar price rises that come into effect in the autumn. SSE’s rises are expected to be around 18% for gas and 11% for electricity, but will not come into effect until September.

UK businesses see energy as high risk

Web MasterBusiness 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