People in Jersey will pay 25% more for their power when Jersey Electricity Company raises its prices on Thursday. The company says the hike is due to “strongly rising” global energy costs and the fact that tariffs have remained unchanged over the previous two years. From January unit charges will increase by 25% and standing… Continue Reading »
Read More →A tenth of the UK’s power plants could be forced to close by the spring of 2013 – two-and-a-half years ahead of schedule, new research shows. The revelation will stoke fresh concern that the government has not done enough to head off a looming energy generation gap that could lead to blackouts across the country…. Continue Reading »
Read More →Millions of consumers and businesses are set to receive price cuts of at least 10 per cent in their gas and electricity bills early in the new year, although some may have to wait longer. After a collapse in the wholesale price of gas and electricity in recent months, Britain’s Big Six energy suppliers –… Continue Reading »
Read More →Britain’s dependence on natural gas as a source of energy is growing, even as supplies from the North Sea are running out, figures suggest. hey indicate that the UK is relying increasingly on gas as its primary source of fuel for electricity generation, even though the country is being forced to import more and more… Continue Reading »
Read More →Thousands of UK businesses, big and small, are scrambling to reduce carbon emissions, and comply with new regulations. The Department for Food and Rural Affairs (Defra) targets non-energy intensive private and public sector organizations under the new Carbon Reduction Commitment (CRC). Some 5000 companies will be affected by the scheme. A large portion of these… Continue Reading »
Read More →The energy regulator has demanded commitments from power companies to slash gas and electricity prices. Alistair Buchanan, Ofgem’s chief executive, told the big six power companies yesterday that they should announce firm pledges to pass on recent steep falls in wholesale energy prices by February at the latest. Amid mounting fears of profiteering, he also… Continue Reading »
Read More →Our service has received approval from the UK gas and electricity regulator, Ofgem, as a statutory redress scheme in the energy sector. If you have a problem sorting out a complaint with a gas or electricity company (an energy company), we may be able to help. The service is free and independent. The Ombudsman is… Continue Reading »
Read More →Climate change secretary Ed Miliband will today meet the “big six” energy companies to discuss how a £7bn national smart meter roll out can be achieved between 2010 and 2020. The UK’s biggest energy firms Npower, EDF, British Gas, Scottish & Southern Energy, Scottish Power and E.ON have agreed with the government that each will… Continue Reading »
Read More →Some of the world’s biggest telecoms and technology companies have begun discussions to team up for a multi-billion-pound contract to run “smart meters” in Britain. Telecoms giants Vodafone, O2 and BT and system integrators Logica, Accenture, IBM and Capgemini are understood to have started talks to form bidding consortiums. The scheme envisages the installation of… Continue Reading »
Read More →UK gas prices at the National Balancing Point fell again Friday after a brief recovery over the past two days, on the back of a long system, traders said Friday. After finishing Thursday’s trading session on a short system, Friday trading started on good supplies. At 11:00 GMT, National Grid data showed excess gas of… Continue Reading »
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