Showing posts with label energy market. Show all posts
Showing posts with label energy market. Show all posts

Thursday, January 22, 2015

Austria to launch lawsuit over Hinkley Point C nuclear subsidies

Austria is to launch a legal challenge against the European Union’s (EU) decision to allow billions of pounds of subsidies for Hinkley Point C, casting fresh doubt over the UK’s first planned nuclear reactors in 20 years.

Tuesday, August 12, 2014

Energy industry 'over-regulated', say former regulators

Five former energy regulators have suggested that too much regulation may have hindered competition among energy suppliers, maintaining high prices.

Saturday, August 9, 2014

The potential consequences of Drax's legal defeat on biomass subsidies

It is hard to keep up with the twists in the tale of Drax's attempts to win fixed-price government subsidies to help convert two of its dirty coal-fired units to run on biomass pellets.

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, July 24, 2014

Global stock markets at risk from Black Swan spike in oil price

Global stock markets are at risk from a spike in oil prices which could derail the fragile economic recovery and lead to a major correction in share prices, warns Steen Jakobsen, chief economist at Saxo Bank.

Saturday, May 31, 2014

Wind power most popular source of energy in UK

Wind power is the most popular source of energy in the UK, according to an exclusive survey of attitudes towards the energy market carried out on behalf of the Guardian.

Saturday, March 29, 2014

Economy Energy: Consumers Turning Off Big Six and Switching to Cut Price Energy Providers

In the wake of a UK competition inquiry into the "Big Six" energy companies, independent supplier Economy Energy reports a 45% increase in take up as customers scramble to find the best deals.

Thursday, January 2, 2014

Simpler energy tariffs will 'restore confidence'

London (AFP) - Reforms to energy tariffs aimed at creating a simpler market will help restore consumer confidence, regulator Ofgem said on Thursday.

Monday, December 9, 2013

Labour's energy price cap unwise, says OECD chief

Labour's plan to freeze energy bills after the election has been branded unwise by the head of the Organisation for Economic Co-operation and Development.

Sunday, December 1, 2013

David Cameron to argue in favour of green jobs in new year

David Cameron has reached out to modernising Tories by saying in private that he will argue in favour of the economic benefits of renewable energy in the New Year after George Osborne has "cauterised" public angst over green levies in his autumn statement.

Thursday, March 28, 2013

Energy policies 'reduce bill rises'

Energy policies will cushion consumers from price rises, but only after contributing to a rise in average household bills, a report has said. By 2020, bills will be 11% - or £166 - lower than they would otherwise have been, according to the Department of Energy and Climate Change's report.

Thursday, January 24, 2013

China and Australia top list of 'carbon bomb' projects

China and Australia top a global list of planned oil, gas and coal projects that will act as "carbon bombs" and push the planet towards catastrophic climate change, a Greenpeace report warned on Tuesday.

Saturday, November 24, 2012

Ofgem 'failed to act' on gas price-fixing warning

The energy regulator, Ofgem, failed to implement its own consultants' recommendation a year ago to tighten up the way energy companies report trading activities – and admits it may now have to revisit the issue.

Thursday, October 13, 2011

SSE energy auction plan may shake up power market

Scottish and Southern Energy (SSE) will start auctioning its entire electricity supply on the wholesale market.

This is the first time such a move has come from any of the big six suppliers, which use their own power stations to generate electricity.

This could allow new entrants to the energy market, bringing more competition for consumers.