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Monthly Archives: May 2007

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UK’s Cheapest Energy:

admin May 31, 2007

Britain’s cheapest household electricity and gas supplier walked into an energy rip-off storm today as Scottish and Southern Energy reported profits soaring through £1bn for the first time and a massive increase in handouts to shareholders. SSE, the supply company trading in London as Southern Electric, has long trumpeted itself as the country’s cheapest energy… Continue Reading »

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Gazprom Profits Up:

admin May 29, 2007

The UK arm of the Russian state-controlled gas giant Gazprom made record profits last year after selling 60 per cent more gas than in 2005. Gazprom Marketing and Trading (GMT) increased pre-tax profits in 2006 by a third to £33.4m compared with the previous year. Overall revenues almost tripled to £1.5bn. The results, to be… Continue Reading »

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UK Smart Meter Policy:

admin May 23, 2007

Today the Government announced its energy strategy and this is the response of the Energy Retail Association on behalf of Britain’s main electricity and gas suppliers. Comments can be attributed to Duncan Sedgwick, Chief Executive of the Energy Retail Association. Today the Government announced its energy strategy and this is the response of the Energy… Continue Reading »

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UK Power:

admin May 23, 2007

The government is determined to build a new generation of nuclear power stations, arguing that they are the best way of providing the country with secure, low emission power. Currently, Britain’s electricity generation comes from the host of sources, each with their own benefits and drawbacks. Nuclear: A total of 20.5% of the UK’s electricity… Continue Reading »

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UK Energy Security:

admin May 23, 2007

Ofgem, the energy regulator, is to be given a new role analysing the long-term energy outlook, to address concerns about security of supply. The energy white paper, to be published on Wednesday, will reflect the government’s concern over the reliability of supplies of gas, oil and electricity and will take forward plans for new nuclear… Continue Reading »

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