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Monthly Archives: August 2012

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Is Green Crude Oil the New Black

admin August 29, 2012

The Future Green Crude Oil Whilst the stock of traditional crude oil is always a hot topic, a new form of green crude oil is set to cause a shake-up in the commercial energy market thanks to a ground-breaking new facility.  Green by both name and by nature, green crude oil is the latest the… Continue Reading »

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Major UK Nuclear Plant Problems

admin August 22, 2012

UK Nuclear Plant Problems The future of energy in the UK was meant to be in nuclear produced power, with 5 new UK nuclear plants set to be up and running by 2025.   With each of the five UK nuclear plants packing two reactors a piece, new nuclear power plants would provide the cornerstone of the… Continue Reading »

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UK Energy Supplier Triples Profits

admin August 15, 2012

UK Energy Supplier Triples Profits UK energy supplier E.ON announced to the public today that it’s reported underlying net income for the January to June period has hit £2.6bn – tripling last year’s figure of £706m.  One of the so-called ‘Big Six’ energy suppliers, E.ON meet the needs of over 6 million customers, 5 million… Continue Reading »

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The Green Deal Booster

admin August 8, 2012

Will the Green Deal add £100 Million Boost for Commercial Energy Efforts – Ahead of it’s expected launch at the end of 2012, the UK government has announced it has assigned £100m for investment in commercial energy efficiency projects.  The body set up to lay the foundations for the bank, UK Green Investments (UKGI) has… Continue Reading »

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Energy Market Brief August 2012

admin August 1, 2012

Energy Market Brief August 2012 Power and gas remain at two-year low despite rising oil – Annual wholesale gas and power prices have remained at two-year lows, despite month-ahead Brent crude oil climbing back over $100/bl. Power and gas prices fell below the low figures seen in January this year and remained at levels first… Continue Reading »

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Renewables Boost Profits at EDF Energy

admin August 1, 2012

The power giant reported that the first 6 months of the year had seen them lower nuclear output, and offset that with growth in sources renewable energy used for private and commercial energy. State-controlled EDF also boasted an 8.2% jump in sales to €36.2 billion (£28.3 billion), and the net income for the period was €2.8bn (£2.2bn).

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