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Industry News from Energy Services

  • October 31st, 2014

UK gas prices to soar if Russia cuts off supplies to Europe, National Grid warns

Britain would be forced to pay significantly higher prices to import gas by ship from elsewhere in the world if Vladimir Putin limits Russian exports to the continent ›

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  • October 24th, 2014

Europe gas demand to stay weak until mid-2030, says IEA economist

Natural gas demand in Europe is likely to remain weak for almost two decades, according to the chief economist at the International Energy Agency, casting doubt on the continent’s ability to diversify its energy supplies and achieve climate change goals at an affordable cost. ›

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  • October 17th, 2014

U.K. Opposition May Drop Energy Price Freeze, Says Davey

The U.K. opposition Labour Party would probably drop its pledge to freeze prices for energy “like a hot potato” in the event of talks to form a coalition after next year’s election, said Energy Secretary Ed Davey. ›

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  • October 10th, 2014

Coal-fired generator qualifies for UK standby power list

Coal-fired power producer, Drax, and French energy group, EDF, have qualified for a UK scheme to reward power companies for keeping plants on standby, officials announced on Friday. ›

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  • October 3rd, 2014

UK adds $154 million to support scheme for renewable energy

UK renewable electricity projects will compete this autumn for an extra GBP95 million ($154 million) in state support, compared with the indicative budget published in July, the Department of Energy and Climate Change said Thursday. ›

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