News
News
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Ferrybridge fire under control
Ferrybridge fire under control Aug 01, 2014 Vicky Ellis Infrastructure Generation 0 Ferrybridge power plant generating in 2009. Image: Thinkstock The blaze at Ferrybridge coal power station was brought under control “as of this morning”, according to the plant’s owner SSE. Thick clouds of smoke were visible yesterday after the fire began at around 2pm. […]
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Energy is “mispriced” says IMF boss Christine Lagarde
Energy is “mispriced” says IMF boss Christine Lagarde Aug 01, 2014 Vicky Ellis Coal, Gas Oil, Markets Finance 0 Image: Thinkstock Energy is “pervasively mispriced” around the world the International Monetary Fund’s Managing Director Christine Lagarde declared yesterday. Her comments came as the IMF published a report which found reforming taxes could significantly reduce pollution-related […]
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New online tool calculates renewable heating benefits
New online tool calculates renewable heating benefits Jul 31, 2014 Priyanka Shrestha Infrastructure Generation, Policy Legislation 0 A new online tool which shows how consumers can benefit by installing renewable heating systems – such as solar thermal panels and ground source heat pumps – has been launched. DECC’s ‘Renewable Heat Incentive (RHI) calculator allows people […]
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UK renewable electricity generation up 30% in 2013
UK renewable electricity generation up 30% in 2013 Jul 31, 2014 Priyanka Shrestha Infrastructure Generation, Sustainability Environment 0 Electricity generated from renewable sources rose 30% last year, according to the latest energy statistics from DECC. They accounted for nearly 15% of total energy generation – a 3.6% rise from 2012. Onshore wind continued to be […]
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September gas prices open lower
September gas prices open lower Jul 30, 2014 Vicky Ellis Markets Finance 0 Gas prices for September opened lower this morning according to a daily market report from npower. Tim Carter, Client Portfolio Manager at the supplier’s Optimisation Desk said: “The gas market has opened a touch lower this morning with September 14 contracts now […]
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New Centrica CEO announced
New Centrica CEO announced Jul 30, 2014 Vicky Ellis Infrastructure Generation, Markets Finance 0 Iain Conn, currently BP’s Downstream CEO, joins Centrica as CEO next year. Image: BP From one huge British energy brand to another – the new Chief Executive of Centrica comes straight from oil giant BP. British Gas-owner Centrica announced its new […]
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London gas plant set to Bark no more?
London gas plant set to Bark no more? Jul 29, 2014 Vicky Ellis Coal, Gas Oil, Markets Finance 0 Barking Power station, east London. Image: Atco Power The owners of Barking power station in east London could shut up shop in two years because it is no longer economic to run a gas plant. Today […]
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BP profits rise nearly $1bn
BP profits rise nearly $1bn Jul 29, 2014 Vicky Ellis Coal, Gas Oil, Markets Finance 0 The Whiting refinery in Indiana, USA. Image: BP British oil giant BP’s profits rose nearly $1 billion for May to June 2014. Its underlying replacement cost profit for the quarter of 2014 was $3.6 billion (£2.1bn), 34% higher than […]
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Steelmakers unsure of “absolute cap” on energy use
Steelmakers unsure of “absolute cap” on energy use Jul 28, 2014 Vicky Ellis Energy Efficiency 0 Image: Thinkstock European steelmakers are uneasy at the thought of an “absolute cap” on energy use. An EU steel body has welcomed the European Commission’s communique last week on energy efficiency. This put forward plans for a 30% energy […]
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Bank advising Durham pensioners on energy bills
Bank advising Durham pensioners on energy bills Jul 28, 2014 Vicky Ellis Top Stories 0 Durham Cathedral. Image: Thinkstock A community bank in County Durham is offering pensioners advice on their energy bills and how to switch supplier or get a fuel grant. Prince Bishops Community Bank claims it has already saved hundreds of pensioners […]
