News
News
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US energy imports hit two-decade low in 2013
US energy imports hit two-decade low in 2013 Apr 03, 2014 Priyanka Shrestha Coal, Gas Oil 0 Total US energy imports plunged to its lowest level last year in more than 20 years, it has been revealed. According to the US Energy Information Administration (EIA), energy imports were down 19% in 2013 from 2012. while […]
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£6m to support wave and tidal energy prototypes
£6m to support wave and tidal energy prototypes Apr 03, 2014 Priyanka Shrestha Infrastructure Generation, Markets Finance 0 The Scottish marine energy sector is receiving funding worth £6 million to trial new wave and tidal prototype devices in the nation’s waters. Scottish Enterprise is launching the third round of the remaining funding from the initial […]
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‘Very comfortable’ gas and power systems today
‘Very comfortable’ gas and power systems today Apr 02, 2014 Priyanka Shrestha Markets Finance 0 Both the gas and power systems in the UK are “very comfortable” today compared to yesterday’s “very short” gas system and “slightly tight” power system, according to the daily market report from npower. The gas system opened “very well-supplied” this […]
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The energy round-up March
The energy round-up March Apr 02, 2014 ash garwood Latest Videos 0 From bubbling fears of a gas crisis in Ukraine to an investigation into the Big Six energy companies and even a price freeze from one of them, ELN reporter Vicky Ellis takes a look at the biggest energy stories of the last month. […]
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Ofgem proposes doubling power cut compensation
Ofgem proposes doubling power cut compensation Apr 01, 2014 Priyanka Shrestha Markets Finance, Policy Legislation 0 Regulator Ofgem is proposing to double the financial payments customers get for facing long power cuts during extreme weather conditions. The payments made by Distribution Network Operators (DNOs) were due to rise from £27 to £35 as part of […]
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UK gas system ‘very short’ this morning
UK gas system ‘very short’ this morning Apr 01, 2014 Priyanka Shrestha Markets Finance 0 The gas system in the UK opened “very short” while the power sytstem has been “slightly tighter” this morning. That’s according to the latest market report from npower which suggests the short gas system has seen “prompt gas prices push […]
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UK ‘green’ bank buys wind farm stakes in £461m deal
UK ‘green’ bank buys wind farm stakes in £461m deal Mar 31, 2014 Priyanka Shrestha Infrastructure Generation, Markets Finance 0 Britain’s ‘green’ bank has bought stakes in two offshore wind farms for £461 million in total. The Green Investment Bank (GIB) is investing alongside Japan’s Marubeni Corporation to jointly buy a 50% stake in the […]
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Forth Energy pulls out of £1.1bn biomass projects
Forth Energy pulls out of £1.1bn biomass projects Mar 31, 2014 Priyanka Shrestha Infrastructure Generation 0 An energy company confirmed it has shelved plans to develop three major biomass projects worth £1.1 billion in Scotland. Forth Energy said it won’t be continuing with the renewable energy projects in Grangemouth and Rosyth but is looking for […]
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Native American tribe breaks ground on solar
Native American tribe breaks ground on solar Mar 30, 2014 Vicky Ellis Low Carbon 0 Image: Tracey LeBeau, US Energy Department A giant stretch of solar panels are being built on tribal lands in Nevada, USA. The project on the Moapa Indian Reservation is said to be the first utility-scale solar project on tribal lands. […]
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Obama, Barroso talk up closer EU-US gas ties
Obama, Barroso talk up closer EU-US gas ties Mar 30, 2014 Vicky Ellis Coal, Gas Oil, Markets Finance 0 US President Barack Obama, European Commission President Manuel Barroso at EU-US Summit. Image: European Commission Closer energy ties between Europe and the United States would be “good” for both parties, US President Barack Obama said this […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas