The UK’s first Energy Saving Day has ended with no noticeable reduction in the country’s electricity usage. E-Day asked people to switch off electrical devices they did not need over a period of 24 hours, with the National Grid monitoring consumption. It found that electricity usage was almost exactly what would have been expected without… Continue Reading »
Read More →Fire crews have put out a major blaze at one of the largest gas terminals in the UK, after an explosion. The fire broke out in a water treatment plant at the Shell UK base on Paston Road at Bacton in North Norfolk. Shell UK said all personnel had been accounted for and an emergency… Continue Reading »
Read More →Oil vaulted more than 3% a barrel on Thursday to an all-time peak near $103, eclipsing the previous inflation-adjusted high set 28 years ago, after a fire hit a major European natural gas terminal. The surge could add pressure on oil cartel OPEC to boost production when it meets in Vienna next week, though members… Continue Reading »
Read More →Today marks a new awareness initiative to reduce electricity waste by turning off unused technology, while organisers and environmental bodies call for more smart metering to show the real-time cost of energy use. Users need to be able to read their gas and electricity use in real time, and more importantly, in real money. A… Continue Reading »
Read More →Power distribution company National Grid is to challenge the multi-million pound fine issued by energy regulator Ofgem, which claimed the company’s restrictive contracts were holding back developments in the energy metering market. Ofgem imposed the fine after nearly three years of analysis led to the conclusion that National Grid was in “serious” breach of competition… Continue Reading »
Read More →Energy giant npower has revealed a 41% increase in profits only weeks after it hit millions of households with price increases. The German-owned company pushed up gas and electricity bills by as much as 27.1 per cent last month. At the same time the firm has been disconnecting as many as 69 customers per week… Continue Reading »
Read More →UK gas prices at the National Balancing Point were higher Monday on the back of problems on the Norwegian Continental Shelf and colder than expected weather, traders said. Within-day was up over a penny from Friday’s close for Monday gas, at 51.9 p/therm by midday, and day-head was at 51.5 p/th. National Grid data showed… Continue Reading »
Read More →The energy regulator, Ofgem, has launched an investigation into the electricity and gas markets for households and small businesses. There has been concern about whether the market is working effectively. Consumer groups and unions have criticised British Gas owner Centrica for announcing large increases in profits after putting up bills. Ofgem says it currently has… Continue Reading »
Read More →Four countries, four cities and five corporations have signed up to go carbon neutral, in an effort to combat climate change and help to de-carbonize the global economy. They are the first to join the Climate Neutral Network (CN Net), launched in Monaco today by the UN Environment Programme (UNEP). The Network is a web-based… Continue Reading »
Read More →Britain’s retail energy suppliers are at loggerheads with the industry regulator Ofgem over the best way to introduce “smart meters” to every home in Britain. Ofgem is pressing for all-out competition for the work to install and monitor an estimated 45m meters over the next decade. In contrast, the Energy Retail Association (ERA) would like… Continue Reading »
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