Wind power has surged ahead of water-generated electricity in Britain for the first time, new figures on the UK’s energy sources show. Government statistics released today show five percent of the country’s power came from renewable sources last year, up from 4.6 percent a year earlier. A 27 percent increase in installed wind power capacity… Continue Reading »
Read More →The recent announcements by British Gas and the French electricity utility EDF, that they plan to increase gas and electricity prices by a third and a fifth respectively, have major, and worrying, implications for those on the edge of fuel poverty. This comes on top of industry-wide increases at the start of the year. Even… Continue Reading »
Read More →Energy companies are raising gas and electricity prices again, meaning yet more misery for those struggling to pay their bills. Many pensioners face the prospect of spending about a quarter of their income on basic utility services – and that’s on top of the increasingly unaffordable council tax. While political tension in the Middle East… Continue Reading »
Read More →British Gas owner Centrica has announced it is to raise gas prices by 35% and electricity prices by 9%. The UK’s biggest domestic energy supplier said that the price hikes would take place with immediate effect. It blamed “soaring wholesale energy prices”, but added that standard tariff prices would not rise again in 2008. The… Continue Reading »
Read More →EDF’s planned takeover of British Energy risks creating serious competition problems in the UK electricity market, rival companies and customers have warned. A deal that values British Energy’s equity at about £12.5bn ($24.8bn) could be announced this week. It is backed by the UK government, which controls 35 per cent of the company and wants… Continue Reading »
Read More →Intro: The impacts of the drive to cleaner fuels and the exhaustion of domestic gas supplies are already impacting on the UK Energy Market. Global Energy Advisory – a specialist energy think tank and advisory business – fear that UK businesses have not set energy strategies to avoid, at best, forthcoming higher prices, and at… Continue Reading »
Read More →France’s EDF and Britain’s nuclear generator, British Energy, are understood to have reached agreement in principle on the terms of an agreed bid. Although work on an offer is continuing, the French company is understood to be keen to finalise a deal next week, ahead of publication of its latest figures on Friday. The offer… Continue Reading »
Read More →EDF has surprised many in the sector who had expected the country’s biggest utility British Gas to be the first with a new price rise. Its rivals are trying to hold off. “There are absolutely no immediate plans to increase our prices and we will continue protecting our customers for as long as possible. That… Continue Reading »
Read More →Householders and businesses face a 20% increase in the price of gas, the energy regulator said today. The Commission for Energy Regulation (CER) said it was “minded to approve” the interim increase which will take effect from September 1st. Prices for 2009 are to be reviewed in the autumn with another possible increase in January…. Continue Reading »
Read More →An environmentally-friendly plan to turn waste from a crisp factory into electricity has been approved. Farmer Philip Johnson wants to generate enough power for 1,200 homes using potato skins from the Walker’s Crisp factory in Peterlee, County Durham. His request to convert 1,000 tonnes of potatoes a year at his farm in Old Quarrington has… Continue Reading »
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