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
British Gas fined £2.5m by Ofgem
The industry regulator, Ofgem, has fined British Gas due to ‘basic failures’ found in its procedure for handling customer complaints. The energy giant British Gas was fined the amount after being found it was not re-opening cases that its clients had indicated were still not resolved. This comes only shortly after British Gas Business, the commercial-only arm of the firm, … Read More
Huhne outlines electricity market reform
UK Energy Secretary Chris Huhne unveiled proposals set to bring about the biggest reforms since privatisation. The UK government announced on Tuesday that the UK’s energy infrastructure will need £110bn of investment to keep the lights on. Chris Huhne told parliament that without reform and substantial financial investment, the country will be facing blackouts.
CCC advises government to step up carbon reduction
The Committee on Climate Change has advised the government to step up carbon reduction efforts in their latest report The advisory body said that the country’s greenhouse gas emissions are not dropping fast enough to meet targets. The CCC advised that a new range of carbon reduction tools is needed to achieve a faster rate of reduction. The Committee on … Read More
UK’s biggest solar farm up and running
The largest solar farm in the country is now in use after being connected to the national grid. The solar farm at Howbery business park in Oxfordshire caters for a quarter of the park’s energy requirements, generating 682MWh a year. There are 3000 solar panels in the array, which are expected to save 350 tonnes of CO2 at the Wallingford … Read More
Germany to phase out nuclear by 2022
German chancellor Angela Merkel has ordered all of the country’s nuclear power plants to be shut down by 2022. Merkel’s coalition government has performed a complete reversal of policy regarding nuclear power. There have been many anti-nuclear protests in Germany following the Fukushima nuclear disaster. Germany is the largest industrialised nation to go anti-nuclear for 25 years. The country is … Read More
Government ends funding to energy bodies
The Department for Energy and Climate Change (DECC) has announced that the Carbon Trust and the Energy Saving Trust (EST) will no longer receive government funding DECC’s annual Delivery Review published last week announced the ending of core funding to both the Carbon Trust and the Energy Saving Trust. The two government-backed bodies will no longer receive financial support from … Read More
SSE announce profits and predict price rises
Scottish and Southern Energy (SSE) has reported profits for the last financial year SSE, the UK’s second largest energy generator, and one of the largest suppliers, announced a pre-tax profit rise of 1.6% to £1.3bn. The company said that rising wholesale energy costs had hit profits last year.
Huhne announces 50% carbon reduction by 2025.
Energy Secretary Chris Huhne has committed the UK to halving carbon emissions by 2025, from 1990 levels. The Energy Secretary announced yesterday that ministers have accepted the Committee on Climate Change‘s proposal to reduce the UK’s carbon emissions by 50% by 2025 – the biggest commitment of any EU country so far. The secretary, briefing MPs on the 4th carbon … Read More
MPs say reforms are hiding nuclear subsidies
A committee of MPs has said in a report released today that the planned reforms to the energy market are hiding subsidies for nuclear power The coalition government’s planned reforms of the energy industry are hiding subsidies for nuclear power, says the Energy and Climate Change Committee (ECCC). The committee claims these covert subsidies are betraying the previous promise that … Read More