- November 14th, 2014
Shale gas unlikely to make the UK energy self-sufficient
Fracking’s potential has been ‘overhyped’ by politicians and shale gas will not reduce energy prices or reliance on gas imports, says UK Energy Research Centre ›
Fracking’s potential has been ‘overhyped’ by politicians and shale gas will not reduce energy prices or reliance on gas imports, says UK Energy Research Centre ›
U.K. energy policies are projected to raise power and gas bills for the biggest business users by as much as 50 percent in 2020, the government said. ›
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 ›
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. ›
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. ›
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. ›
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. ›
Gas had the largest share of the UK’s generation mix for the first time in three years in the second quarter of this year, the Department of Energy and Climate Change said Thursday. ›
East Asian spot LNG prices climbed sharply between late August and mid-September amid growing global competition for FOB volumes and a deteriorating outlook for alternatives to gas-fired generation in Japan. ›
Gas price rises would become a reality in the event of a Ukrainian gas transit crisis this winter, according to UK energy secretary Ed Davey. ›