Showing posts with label Ed Davey. Show all posts
Showing posts with label Ed Davey. Show all posts

Friday, October 10, 2014

EU approves Hinkley Point nuclear power station as costs raise by £8bn

The European commission on Wednesday gave Britain the green light for a huge government subsidy that will open the way for the first atomic power stations to be built for nearly 20 years.

Thursday, September 4, 2014

Liberal Democrats seek to ban 'unabated' coal power

Electricity generated from coal in old power plants without carbon capture would be banned in a proposal that will form the centrepiece of the Liberal Democrats' commitment on the environment in its general election manifesto.

Saturday, August 23, 2014

EDF to pay £3m in compensation after Ofgem inquiry

EDF Energy has become the latest of the big six energy suppliers to feel the heat of the energy regulator by paying out £3m to vulnerable customers after breaching complaints handling rules.

Wednesday, August 6, 2014

Energy price riggers to face jail under new proposals

Anyone found guilty of rigging wholesale gas and electricity prices faces up to two years in jail, under new proposals by the government. Energy Secretary Ed Davey wants it to be a criminal offence to artificially fix energy prices.

Saturday, August 2, 2014

'Old coal' subsidy loophole to be closed by UK government

A loophole in the government’s energy policy that could have seen billpayers funding billions of pounds of subsidy for old coal plants will be closed, officials have told the Guardian.

Thursday, April 24, 2014

Thursday, April 10, 2014

Ed Davey says an independent Scotland must fund its own energy projects

The energy secretary Ed Davey has rejected Scottish government calls for the UK to continue subsidising Scottish energy projects after independence, warning he would withdraw billions of pounds in investment.

Wednesday, March 26, 2014

£310m invested in UK wind turbines

Manufacturing giant Siemens and the UK's Associated British Ports are to invest a total of £310m in UK wind turbine factories, creating 1,000 jobs.

Wednesday, March 19, 2014

Energy costs will rise for an independent Scotland: Davey

LONDON (Reuters) - Energy costs are likely to rise for households in Scotland if the country becomes independent, Britain's Climate Change and Energy minister said on Tuesday.

Tuesday, February 25, 2014

UK oil and gas industry revamp to add £200bn to economy

The UK government will fast-track the implementation of retired businessman Sir Ian Wood's recommendations for maximising the UK's remaining offshore oil and gas resources.

Friday, February 21, 2014

Threats to energy companies risk 'the lights going out', warns Centrica chief

Centrica, the owner of British Gas, has warned that the intense political debate over gas and electricity prices has put Britain at risk of blackouts as soon as next year.

Saturday, February 15, 2014

Energy companies make concessions after 800,000 customers leave 'big six'

The scramble to win new energy customers amid growing complaints about the "big six" power companies intensified on Friday with an independent supplier cutting its prices and one of the large providers promising to pay back annual credit balances.

Saturday, February 8, 2014

European parliament votes for stronger climate targets

The European parliament voted on Wednesday to require member states to meet binding national targets on renewable energy, energy efficiency and greenhouse gas emissions.

Saturday, January 18, 2014

Cut carbon emissions by 40% in 16 years, Ed Davey tells EU

Ed Davey, the energy secretary, has called on EU heads of state to endorse a target to cut greenhouse gas emissions by 40% by 2030, but reject a specific binding renewables target.

Friday, January 3, 2014

UK opposition to new EU green energy targets could risk 'half a million jobs'

Over half a million new jobs over the next two decades could be at risk from the UK's opposition to new EU targets for green energy, according to a leaked official report from the European commission.

Thursday, December 26, 2013

Hinkley Point C nuclear subsidy plan queried by European commission

The European commission has started an investigation into UK plans to subsidise the construction and operation of Hinkley Point C nuclear power station in Somerset, in a challenge to the government's plans to overhaul Britain's creaking energy infrastructure.

Thursday, December 5, 2013

Renewables industry welcomes reduced subsidies for onshore windfarms

Reduced subsidies for onshore windfarms and solar power announced on Wednesday are "good news", according to a leading renewable energy trade body, because it shows the costs of the technologies are coming down.

Friday, November 1, 2013

Energy market review: Ed Davey vows to speed up supplier-switching

Energy Secretary Ed Davey has promised to cut the time it takes to switch energy supplier to improve competition and drive down prices.

Tuesday, October 22, 2013

David Cameron hails nuclear power plant deal as big day for Britain

David Cameron has hailed the UK government agreement with French-owned EDF to build the first new British nuclear power station in 20 years, saying it was a very big day for Britain and would kickstart a new generation of nuclear power in the UK.

Friday, October 18, 2013

Osborne agrees to China investing in UK nuclear plants

The Chancellor, George Osborne, has announced that the UK will allow Chinese companies to take a stake in British nuclear power plants.