Mar
15
On behalf of AFC Totton I would like to thank your Company for the quick & efficient manner our request for an alternative electricity supplier has been handled. A saving of 40% is much appreciated.
We will be coming back again soon to sort out a cheaper gas supplier.
Paul Maiden, Stadium Manager, AFC Totton
Mar
12
Gas prices could soar next winter when Britain risks being cut off from liquefied natural gas (LNG) supplies, as cargoes are diverted to Asia, leading analysts have warned.
They said UK gas prices for winter 2012/13 could increase to 90p a therm, compared with current trading levels for next winter of 71.7p a therm.
Mar
09
Energy supplier EDF has agreed to pay a package worth £4.5m – including £3.5m to customers – after an Ofgem investigation found it had breached its marketing licence conditions.
The payment, imposed by the regulator Ofgem, is the biggest of its kind.
Mar
05
Independent laundry services provider, StarCounty Textiles Ltd is set to save more than £40,000 on its energy bills thanks to a commercial energy consultant based in North West England.
Read our article in the latest issue of Laundry and Cleaning Today
Feb
28
Vince Cable said the Government is preparing to offer targeted support for Britain’s oil and gas sector as part of a new and “proper industrial policy”.
In a move that represents a shift from last year’s controversial tax raid on North Sea oil, the Business Secretary said the Government wanted to help the sector “re-energise” its supply chains, which include thousands of small businesses.
In a speech in London, Mr Cable said targeted Government support was needed to create a “different kind of economy” based on manufacturing and trade. Britain could not “just hope it happens naturally”, he said. He and Charles Hendry, the Energy Minister, will chair meetings to “see how together we can support this important industry”.
Feb
27
Feb
21
Centrica is seeking clarification from the Government on key financing and cost issues before making decisions about whether to continue its nuclear power partnership with EDF and build four new nuclear plants in Britain at an estimated cost of £20bn.
The British Gas parent wants more details about how the Government’s electricity market reforms will affect the programme and is pressing for further guidance on the fiscal framework and the complex contracts for differences.
It is also in detailed talks with its French partner and consortium leader about the total costs of the first station, Hinkley Point C in Somerset where contracts worth £250m have already been let to British companies.
Centrica which has a 20pc share of the partnership is expected to provide more details of the outstanding issues with the release of full year financial figures this week. Hinkley still needs planning approval and clearance for the reactor technology and a decision to go ahead is not expected before the end of the year.
Feb
20
Gas Curve – We saw an increase last week due to Iran announcing that it would be stopping the supply of oil to six European countries
Feb
20
Electricity Weekly Curve
Feb
16
An independent Scotland could reap a £30bn dividend from a “reindustrialised” green energy sector over the next 20 years, Alex Salmond said on Wednesday night, raising the stakes in his economic case for a break from the union.
The first minister told an audience of academics, students and members of the public at the London School of Economics Scotland’s “unparallelled energy resources” would give a fully independent Holyrood “a huge competitive advantage” over the rest of Europe.
Salmond also said if Scotland had had full fiscal control since 1979, the nation would now have assets worth between £87bn and £117bn.
“Under independence we would make the best use of our unparalleled energy resources,” he said. “We have 25% of Europe’s tidal power potential, 25% of its offshore wind potential and 10% of its wave power potential – not bad for a nation with less than 1% of Europe’s population.
“Scotland has a huge competitive advantage. We will be able to produce energy better and cheaper than anywhere else – and in deeper waters”.
Salmond cited research by the thinktank Reform Scotland that suggested Scotland could export half the electricity generated by 2020 because of the Scottish government’s renewable energy targets.
