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
EDF Energy announce price rises
EDF Energy have today announced they are to increase their energy prices from 10 November EDF Energy are the last of the big six UK energy suppliers to announce their domestic price rises for this year. The company will raise its retail gas prices by 15.4% and electricity prices by 4.5% from the 10 November. EDF Energy claims it has … Read More
Utility bills a main factor of inflation increase
Inflation hits a three year high of 4.5% for August- utility bills a main factor of the increase of cost of living. The biggest annual rise in water and energy bills in more than two years has been a main factor in the high inflation rate. Energy prices, along with increases in the cost of food and clothing meant the … Read More
Ofgem to investigate big six profits
Energy industry regulator Ofgem has stepped up its investigation into how the top UK energy suppliers make their profits The Office of Gas and Electricity Markets (OFGEM) has hired forensic accountants BDO to scrutinise how the top UK energy suppliers make their profit. BDO will look at the trading profits, wholesale prices and hedging practices at British Gas, E.ON Energy, … Read More
Npower to increase gas and electricity prices
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
British Gas suspends doorstep sales
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.
E.ON Energy announces price rise
E.ON Energy has become the latest of the big six UK energy suppliers to up its prices. E.ON have raised electricity bills by 11.4%, while gas bills will be raised by a larger margin of 18.1% and will come into effect from 13 September. They are the fourth of the big six UK suppliers to announce hikes, after Scottish Power, … Read More
Good Energy freezes electricity prices
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