ONE of Wales’ most successful companies, Moneysupermarket.com yesterday announced its intention to float on the Stock Market next month in a move which could value the business at £1bn. The Flintshire-based finance and travel price comparison venture said a listing on the main exchange would help raise the profile of the business, as well as… Continue Reading »
Read More →Ofgem, the UK energy regulator, has released figures showing that, nationally, UK prepayment meter customers are losing out on savings worth a total of GBP250 million by not switching supplier. According to the watchdog, this works out as an average saving of around GBP100 a year for each customer who has not switched, which is… Continue Reading »
Read More →Comparison websites help many people cut costs but their primary aim is to make profits for providers and they do not always show the cheapest sources of gas, electricity or other utilities. These sites usually receive between £30 and £60 in commission from the company you switch to and that can lead to conflicts of… Continue Reading »
Read More →The trading unit of Electricite de France, Europe’s biggest power generator, may transport more liquefied natural gas to the UK and the Netherlands after winning a contract to buy Qatari LNG. EDF Trading Ltd said on Tuesday that it had signed an agreement with Qatar’s state-owned Ras Laffan Liquefied Natural Gas Co (RasGas) to buy… Continue Reading »
Read More →Gazprom, the state-controlled Russian gas company, could make its second small acquisition in the UK with the purchase of Natural Gas Shipping Services, based in Wilmslow in Cheshire. NGSS is the sister company of Pennine Natural Gas, a company whose supply business was acquired last year by Gazprom Marketing and Trading, a Gazprom unit based… Continue Reading »
Read More →Energy Trends and Quarterly Energy Prices publications are published today, 28 June by the Department of Trade and Industry. Energy Trends covers statistics on energy production and consumption, in total and by fuel, and provides an analysis of the year on year changes. The June edition of Energy Trends also includes articles on: “Renewable energy… Continue Reading »
Read More →Ten years after British energy markets were liberalised the customer is king and can put pressure on prices with a click of a computer mouse to change provider. Since Britain first prised open its gas and electricity markets to private households in 1998-1999, the market has settled down and prices are quite low, but at… Continue Reading »
Read More →Householders who use pre-payment utility meters end up around £100 out of pocket by not switching their supplier, Ofgem said today. Pre-payment customers could save money by getting their gas and electricity from separate firms. However, many remain unaware of the potential savings, according to the energy regulator. It found npower to be the most… Continue Reading »
Read More →As part of British Energy’s continuing commitment to provide clean, safe and reliable electricity across the UK, the company today signed a seven-year partnership agreement worth around £550 million and securing up to 800 jobs in Scotland and the rest of the UK with Renfrew-based Doosan Babcock. The partnership also has the opportunity for a… Continue Reading »
Read More →UK utility Scottish and Southern Energy has finalized the first of four agreements with GD Power Development, a subsidiary of Chinese power player China Guodian Corporation, to support the development of four new wind farms in northeast China. The agreement was made through Scottish and Southern Energy’s (SSE) SSE Energy Supply subsidiary, which will also… Continue Reading »
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