News
News
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EU allows early termination of E.ON’s German gas commitments
EU allows early termination of E.ON’s German gas commitments Jul 28, 2016 Jonny Bairstow Markets Finance 0 Image: Shutterstock The European Commission has released E.ON from commitments to reduce long term gas bookings five years early. The energy company used to book the majority of the available transport capacity at entry points into its own […]
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First UK ‘greensteel’ biofuel plant officially opened
First UK ‘greensteel’ biofuel plant officially opened Jul 28, 2016 Jacqueline Echevarria Sustainability Environment 0 Welsh Cabinet Secretary for Economy and Infrastructure, Ken Skates and Sanjeev Gupta. Image: Liberty The first of a network of mini power stations designed to feed steel plants with renewable energy has officially been opened in Newport, Wales. The 9MW biofuel […]
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EDF investors ‘agree €4bn share sale’ ahead of Hinkley decision
EDF investors ‘agree €4bn share sale’ ahead of Hinkley decision Jul 27, 2016 Jacqueline Echevarria Low Carbon, Markets Finance, Top Stories 0 The existing Hinkley Point station. Image: Jgolby/Shutterstock Shareholders at French-controlled firm EDF have reportedly approved plans to sell shares to raise €4 billion (£3.3bn). Reports claim the fundraising will contribute towards the Hinkley […]
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Human error blamed for 80% of offshore accidents
Human error blamed for 80% of offshore accidents Jul 27, 2016 Jonny Bairstow Coal, Gas Oil 0 Image: Thinkstock Around 80% of accidents in the offshore oil and gas industry are blamed on human error. According to a new study, human and organisational factors are now widely recognised as the main cause of major oil and […]
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BP’s profits down due to lower oil price
BP’s profits down due to lower oil price Jul 26, 2016 Jacqueline Echevarria Markets Finance 0 Image: jewhyte/Thinkstock Oil giant BP has seen its profits fall by 45% in the second quarter of this year. It fell to £720 million (£547m) from $1.3 billion (£0.98bn) last year due to lower oil prices and weaker refining […]
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Veolia scoops up Westminster’s waste
Veolia scoops up Westminster’s waste Jul 26, 2016 Jonny Bairstow Sustainability Environment 0 Image: Shutterstock Veolia has won three waste treatment contracts totaling £71 million from Westminster City Council. The resource management company will provide solutions to help the council reach its target of zero waste to landfill. The agreement covers treating food waste and […]
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UK Government policy risks Scottish renewables growth, say MPs
UK Government policy risks Scottish renewables growth, say MPs Jul 25, 2016 Jacqueline Echevarria Policy Legislation, Top Stories 0 Image: Thinkstock The UK Government’s recent changes to energy policy have caused uncertainty in the sector risks the growth of the renewables industry in Scotland. That’s according to a report by the Scottish Affairs Committee which […]
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Germany and Denmark to open solar auctions to each other
Germany and Denmark to open solar auctions to each other Jul 25, 2016 Jacqueline Echevarria Markets Finance 0 Image: Shutterstock The governments of Germany and Denmark have signed a co-operation agreement on the mutual opening of auctions for solar installations. The deal, which allows cross-border participation of installations, sets the framework for two pilot auction rounds which […]
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Lords Committee to investigate UK energy policy
Lords Committee to investigate UK energy policy Jul 22, 2016 Jacqueline Echevarria Policy Legislation 0 Parliament. Image: Thinkstock The Economic Affairs Committee has launched an investigation into the UK’s energy policy. It is inviting views on its inquiry titled ‘The Economics of UK Energy Policy’ as the committee believes the present mix of policy interventions […]
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The power of grass
The power of grass Jul 24, 2016 Jonny Bairstow Sustainability Environment, Top Stories 0 Image: Shutterstock Scientists have found a way to produce hydrogen from grass. A team of UK researchers, including experts from Cardiff University, have shown significant amounts of the gas can be made using just sunlight and a cheap nickel catalyst. Through […]
