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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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 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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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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Germany boasted a record 67.9 billion kilowatt hours of renewable energy for the first six months 2012, an increase of 19.5 percent from the same period last year, according to a new commercial energy report this week.
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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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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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