Wholesale natural gas prices are 40 per cent higher than they were this time last year. Despite criticism that green taxes and subsidies are pushing up energy prices, Ofgem remain certain that it is rising wholesale electricity prices that are to blame. An Ofgem report stated that wholesale gas is now 40% costlier than it was at this time last … Read More
Chris Huhne attacks critics
The Energy & Climate Change Secretary has called renewable energy critics ‘curmudgeons and faultfinders’ and says they are ‘selling Britain’s ingenuity short’. Chris Huhne seems to never be out of the spotlight. A couple of weeks ago he was slamming those who doubt the cost-effectiveness of renewable energy sources, such as wind power, and last week he wrote a controversial … Read More
‘Keep switching’, says Huhne at Energy summit
The UK has “relatively good electricity and gas prices”, the Energy Secretary said at the Energy Summit held on 17 October 2011. Mr Huhne said on Radio 4’s Today programme, that energy companies were “not the Salvation Army”. He added “We expect them to earn respectable returns for their shareholders but they need to be operating in a fair and … Read More
Nuclear is cheapest ‘low carbon’ energy source
Energy secretary gives the green light to nuclear development, despite fears over the management of nuclear waste. In a speech to the Royal Society today, energy secretary Chris Huhne confirmed that the UK is to continue with its plan to build new nuclear power plants that was set in motion by the current Labour Party Leader Ed Miliband when he … Read More
Weightman report: nuclear power is safe
The final report by Mike Weightman commissioned after the Fukushima disaster in Japan confirms “no fundamental weaknesses” in the UK’s nuclear licensing program. The report makes 38 recommendations of lessons learned from Fukushima, but stresses that is that nuclear power is safer than it has ever been. The Department for Energy and Climate Change (DECC) has said “operators should continue … Read More
Weightman to release report on nuclear power
Energy Secretary Chris Huhne is expected to use the report on the Fukushima disaster by Mike Weightman to push the UK’s new nuclear power program. The report on what can be learned from the Fukushima disaster is expected to kick-start the UK’s nuclear programme, despite criticism from Greenpeace and other environmental groups that it has been rushed through. Anti-nuclear protesters … Read More
Germany pushing for European super-grid
Law stating that Germany must outlaw nuclear power generation by 2022 is encouraging more talk of an EU-wide electricity system. After the Fukushima disaster in Japan, Germany decided to shut down its 17 nuclear power stations by 2022, closing the 7 oldest ones immediately. This has turned Germany from a net exporter of electricity, to a net importer of electricity … Read More
North sea oil and gas outputs decrease
The Department of Energy and Climate Change has released new figures showing that imported coal is replacing gas and oil from the North sea in the UK fuel mix. The newly released data shows that North sea oil and gas production fell by 16% and 25% respectively in the second quarter of 2011, while coal imports rose 36% in the … Read More
‘European super grid’ could cost £28 billion
A new ‘super grid’ for electricity that connects Britain to mainland Europe is being tabled as the solution to balancing international supply and demand. The new system would use cables laid under the sea, making it easier to connect offshore wind farms to the grid, eliminating the need for pylons that run from the countryside to the coast. It would … Read More
Jobs created by Obama’s green-tech program
The USA’s $38.6 billion “green-tech” program has so far only created a fraction of the green jobs that were promised. Various media outlets around the world are reporting on what’s becoming known as the Solyndra Scandal. Solyndra was a company that made solar panels, and was funded by Obama’s green-tech subsidy program. “The future is here” said Mr. Obama, when … Read More