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Monthly Archives: August 2007

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UK LNG Gas:

admin August 31, 2007

As competition between Europe, the US and Asia for natural gas supplies heats up, gas producers without the ability to export gas via pipelines are taking advantage of the demand and shipping liquid natural gas (LNG) to gas hungry markets. In fact, demand for LNG is so great that shipments at sea have been diverted… Continue Reading »

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SSE Greener Energy:

admin August 30, 2007

UK utility Scottish and Southern Energy has announced that it has made a further investment of GBP1.1 million in renewable energy firm Solarcentury Holdings, bringing its total interest in the firm to 12.3%. Scottish and Southern Energy’s (SSE) further investment forms part of a new GBP13.5 million round of financing that will enable Solarcentury to… Continue Reading »

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New Energy Meters:

admin August 30, 2007

According to new a research report from the analysis firm Berg Insight, the number of smart electricity meters will exceed 60 million in Europe by 2012. This will mean that one in four consumers will receive electricity bills based on their actual consumption and gain immediate financial benefits from energy savings. The report identifies rising… Continue Reading »

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Gaz de France Update:

admin August 29, 2007

Gaz de France has agreed a deal to develop salt caverns in north-west England into a huge underground gas storage facility that should help ease concerns about the security of the UK’s energy supply. The £350m project, being developed with chemicals firm Ineos, involves pumping water down boreholes to dissolve salt deposits and then pumping… Continue Reading »

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Southern Water:

admin August 28, 2007

Royal Bank of Scotland-owned Southern Water is expected to be the subject of a 4 billion takeover battle this week, the Mail on Sunday reported. Bidding ahead of Friday’s first-round deadline has been more competitive than expected, bankers told the paper. It said investment banks and infrastructure funds were among those interested.

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Opus Energy:

admin August 28, 2007

Under fire electricity supplier Opus claims to be the first energy firm to install energy-saving Smart Meters for free to its small business customers. Opus said it will spend £5m rolling out Smart Meters at all outlets that want them from September. Smart Meters allow energy suppliers to access meter readings remotely. It comes as… Continue Reading »

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