Winter energy price rises begin with SSE

adminBusiness Electricity, Business Gas, Utilities Market Regulation

Scottish & Southen Energy are the first to announce their winter price hike, something that’s become a regular fixture in the UK in recent years. The energy giant which also owns the Southern Electric, Atlantic, SWALEC, Scottish Hydro and Airtricity brands, is increasing household prices by 9% on both gas and electricity. Although this does not affect their business gas … 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

Fracking gets go-ahead in the UK

adminBusiness Gas, International, Utilities Market Regulation, Wholesale Utilities Markets

An era of cheap, abundant gas could be on the way, as new report confirms risk of earthquakes and water contamination are minimal. In what could be the most significant step in Britain’s energy security since the widespread exploitation of North Sea oil, hydraulic fracturing, or ‘fracking’ has been deemed safe in a new report produced in joint by the … Read More

Sustainable development is ‘meaningless drivel’

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

James Lovelock, long-time environmental guru and the inventor of the Gaia Hypothesis says environmentalism is taking over from Christianity, and thinks we should ‘go mad on’ shale gas. In an interview in the Guardian, the celebrated environmental scientist also declares that he is not worried about sea-level rises, Germany is crazy for ditching nuclear power, how wind turbines are “ugly … 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

David Cameron speaks at the Energy Summit

Web MasterInternational, Utilities Market Regulation, Wholesale Utilities Markets

Renewable energy sources must be “financially sustainable” if they are to meet the world’s needs, the Prime Minister David Cameron has said. A meeting of international Ministers was held last week when Mr Cameron welcomed the investment of £350 million to create 800 jobs in the energy sector, but he says the main challenge is to drive down costs. Mr … Read More