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Energy Services News

  • October 31st, 2013

UK carbon tax could add 10% to bills finds bank

The UK’s tax on carbon could add 10% to energy bills, analysts at investment bank Macquarie believe. ›

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  • October 25th, 2013

Strike price deal for Hinkley Point C

EDF has concluded negotiations with government on the strike price for electricity generated by Hinkley Point C. The financing system will be put to the European Commission this week, said government. ›

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  • October 18th, 2013

UK books seventh October LNG cargo

The UK has booked another LNG cargo for October, extending the recent surge in imports. But forecasts for colder than average weather in northeast Asia could divert cargos away from Europe later in the season. ›

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  • October 8th, 2013

Green energy to cost consumers £400 over next five years

Every British household will pay an average of more than £400 in higher bills over the next six years to pay for subsidies under controversial Government plans to hit green power targets. ›

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  • October 4th, 2013

UK to seal nuclear power deal within weeks, says energy minister Michael Fallon

A deal over subsidies for Britain’s first new nuclear plant in a generation could now be agreed within weeks, Michael Fallon, the energy minister, has said. ›

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  • September 27th, 2013

Analysis – UK energy market mired in new policy uncertainty

Uncertainty is now the only certainty in the UK energy market after the opposition Labour party said it will freeze retail energy prices between May 2015 and January 2017 if it wins the next general election. ›

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  • September 20th, 2013

Germany’s Effort at Clean Energy Proves Complex

It is an audacious undertaking with wide and deep support in Germany: shut down the nation’s nuclear power plants, wean the country from coal and promote a wholesale shift to renewable energy sources. ›

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  • September 13th, 2013

No new gas storage

The government has announced that it will not be investing in new gas storage facilities, stating this will save around £750 million over 10 years. ›

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  • September 6th, 2013

UK rules out gas storage subsidy

The Department for Energy and Climate Change (Decc) announced today that it will not subsidise investment in new gas storage facilities, potentially closing the door on a number of proposed long-range storage projects in the UK. ›

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  • August 30th, 2013

UK Gas Imports Hit Record High Of 1 Trillion Cubic Feet In First Six Months Of 2013

As North Sea production dwindled and cold weather boosted demand, Britain’s gas imports hit 1 trillion cubic feet in the first half of this year – the highest level on record. ›

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