News
News
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UK government cuts red tape for energy infrastructure projects
Largely unnoticed amid the furore over energy prices, the UK Energy Secretary Ed Davey yesterday announced changes to legislation covering major energy infrastructure projects. Currently, major projects are considered under Section 36 of the Electricity Act 1989 instead of the government’s recent Planning Act. Unlike planning consents, Section 36 consents are inflexible so that developers cannot […]
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US Presidential candidates clash over clean energy in debate
US President Barack Obama and rival Mitt Romney clashed over energy policy in the second debate at Hofstra University in New York earlier this week. Romney claimed Obama was opposed to domestic oil and gas production and said he had not done enough to guarantee US energy security and lower prices. But Obama defended his […]
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Ofgem unveils its plans for a fairer energy market
UK energy regulator Ofgem joined in the fray today unveiling its own plans to give energy customers a “simpler, clearer and fairer” deal. The proposals would ban energy companies from offering complex multi-tier tariffs and force uncompetitive ‘dead’ tariffs – which are no longer available to new customers – to be scrapped. Energy suppliers would […]
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UK Energy Secretary promises Energy Bill “within weeks”
The UK Energy Secretary Ed Davey, in a speech to senior figures in the energy sector at the CBI this morning, promised that the government’s long-awaited Energy Bill will be published “within weeks”. The Bill will be published next month as planned to give time for a second reading before Christmas. The latest version of […]
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EC proposes new constraints on biofuel industry
The European Commission yesterday published proposals to limit the use of food-based biofuels amid concerns that the region’s biofuel target is driving up food prices. The region is currently working towards a target of using 10% of renewable energy fuels in transport by 2020. But the Renewable Energy Directive could now be revised to reduce […]
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UK energy firms have to put customers on lowest tariff… or will they?
Speaking during Question Time yesterday, UK Prime Minister David Cameron promised new legislation will require energy companies to put customers on the lowest tariff. But today, Energy Minister John Hayes failed to confirm Cameron’s promise, saying only that the government will “use the Energy Bill to get people lower tariffs”. Instead, he told the House […]
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South Korea pledges to double 2013 emissions reduction target
South Korea has pledged to double its target to reduce carbon emissions from the industrial and power sectors ahead of the introduction of a cap-and-trade scheme in 2015. This year the fourth largest economy in Asia, which includes manufacturing giants like Hyundai Steel, Ssangyong Cement, LG Display and Samsung, aims to cut its emissions by […]
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UK Power Networks signs up London partners to cut demand
UK Power Networks, which manages the electricity network in London and the south east of England, has signed up local businesses to cut electricity use at times of peak demand. The ExCel conference centre in London’s Docklands, along with a major department store and tourist attraction in the capital, have signed up through aggregator partners […]
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EU approves state aid funding for UK’s Green Investment Bank
The European Commission has given the go ahead for the UK government’s Green Investment Bank (GIB) to be granted £3 billion in public funding. In an announcement today, the EC said the creation of the bank to invest in environmentally friendly projects that could not obtain sufficient funding from the markets was in line with […]
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Atlantis completes onshore tests of tidal turbine at Narec
Marine energy developer Atlantis Resources announced today that it has completed onshore testing of its AR1000 tidal turbine at the National Renewable Energy Centre (Narec) in Northumberland. Narec’s 3 MW capacity turbine drive train test rig enables manufacturers to put their devices through accelerated testing in simulated offshore operating conditions, allowing the gathering of large […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas