News
News
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Gas prices dip after Russia-Ukraine deal
Gas prices dip after Russia-Ukraine deal Oct 31, 2014 Vicky Ellis Markets Finance 0 Gas prices dipped today after a gas deal was signed overnight between Ukraine and Russia. The agreement brings a moment of relief after fears of a European gas supply crunch. This morning contracts for November were trading at nearly 2 pence less […]
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Job swap at British Gas – temp boss is Ian Peters
Job swap at British Gas – temp boss is Ian Peters Oct 31, 2014 Vicky Ellis Markets Finance 0 The British Gas reshuffle affects Stuart Rolland, Ian Peters, Stephen Beynon (L-R). Images: British Gas The head of energy firm British Gas’s residential arm will take over as temporary boss of British Gas when Managing Director […]
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Average energy bill cost “largely” steady at £1,328
Average energy bill cost “largely” steady at £1,328 Oct 30, 2014 Vicky Ellis Infrastructure Generation 0 Image: Thinkstock The average energy bill for the next 12 months should be £1,328, according to Ofgem estimates, which is “largely the same” as it was when totted up last month. Today the regulator published its Supply Market Indicator (SMI) report […]
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Gamesa bags wind order in India
Gamesa bags wind order in India Oct 30, 2014 Priyanka Shrestha Infrastructure Generation 0 Spanish manufacturer Gamesa has won an order to supply 172MW of turbines in India. Under the agreement, it will provide 86 of its 2MW turbines at five wind farms located in the states of Madhya Pradesh, Gujarat, Karnataka, Rajasthan and Maharashtra. […]
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US Navy invests $8m in marine energy
US Navy invests $8m in marine energy Oct 29, 2014 Priyanka Shrestha Infrastructure Generation, Sustainability Environment 0 Lead researcher Andy Stewart with graduate students and the tidal prototypes. Image: Mary Levin/UW The US Navy is investing $8 million (£5m) to develop marine energy technologies for use at its facilities worldwide. The Naval Facilities Engineering Command […]
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EDF & Amundi to raise €1.5bn green fund
EDF Amundi to raise €1.5bn green fund Oct 29, 2014 Priyanka Shrestha Markets Finance, Sustainability Environment 0 French energy group EDF and asset management firm Amundi have set a target to raise €1.5 billion (£1.2bn) together to fund energy efficiency and renewable projects. They are to create a joint management company to raise the cash […]
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National Grid’s standby power plants are just “prudent”
National Grid’s standby power plants are just “prudent” Oct 28, 2014 Vicky Ellis Infrastructure Generation, Markets Finance 0 Image: Thinkstock The UK’s grid operator downplayed fears of blackouts today, describing its decision to bring forward plans to have power stations on emergency standby as “prudent”. A string of nasty surprises at power stations over the […]
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Russian gas disruption “would hit prices more than supply” – Ofgem
Russian gas disruption “would hit prices more than supply” – Ofgem Oct 28, 2014 Vicky Ellis Markets Finance 0 The launch of National Grid’s Winter Outlook, 28.10.14. Ofgem’s Rachel Fletcher and Emma Kelso, National Grid’s Cordi O Hara (L-R). Image: ELN Disruption to the UK’s gas supply this winter is less likely to lead to […]
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Fire-hit Didcot power plant due back by Wednesday
Fire-hit Didcot power plant due back by Wednesday Oct 27, 2014 Vicky Ellis Coal, Gas Oil, Infrastructure Generation 0 Didcot B power plant before the blaze. Image: npower The fire-ravaged gas power plant Didcot B could be back up and running by Wednesday, a spokesperson for npower confirmed today. More than 20 fire engines were […]
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Consultation on rules for councils keeping fracking cash open
Consultation on rules for councils keeping fracking cash open Oct 27, 2014 Priyanka Shrestha Coal, Gas Oil, Policy Legislation 0 A technical consultation on draft rules allowing councils to keep all of the cash they collect from fracking companies is open. The Department for Communities and Local Government (DCLG) is seeking views on the proposed […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas