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Continuing criticism of Scottish Government’s energy company proposal

Continuing criticism of Scottish Government’s energy company proposal

The Scottish government’s proposal of a publicly owned energy company has been roundly criticised in an article in The Scotsman. The piece highlighted the failure of nationally owned institutions previously to create the value for customers that the First Minister, Nicola Sturgeon, has promised with this utility. The piece’s author, […]

Aerial file photo dated 21/04/2004 of Drax power station in Selby, North Yorkshire.  The revival of coal as a fuel source was underlined when the UK's largest coal-fired power station smashed expectations for its annual profits, Wednesday March 8, 2006

High demand for gas will push prices up by the 2020s

New research has shown that coal power will continue in the UK until the 2020s. The research from Aurora Energy Research has shown that coal will make a come back in the UK due to its affordability relative to gas. The research shows that rising global demand for gas will […]

Scotland's First Minister Nicola Sturgeon waves from the royal box on centre court before the men's singles final match on the last day of the 2016 Wimbledon Championships at The All England Lawn Tennis Club in Wimbledon, southwest London, on July 10, 2016. / AFP / GLYN KIRK / RESTRICTED TO EDITORIAL USE        (Photo credit should read GLYN KIRK/AFP/Getty Images)

Mounting criticism of Scottish government’s public energy company

Criticism has been mounting against Nicola Sturgeon’s plan to launch a publicly owned energy company. The criticism has come from a variety of fields including energy, economics and politics. An energy economist at the university of Dundee, Dr Ariel Bergmann, said the scheme meant risk for customers. He said: “The […]

WASHINGTON, DC - JANUARY 19: Former Texas Governor Rick Perry, President-elect Donald Trump's choice as Secretary of Energy, is sworn in during his confirmation hearing before the Senate Committee on Energy and Natural Resources on Capitol Hill January 19, 2017 in Washington, DC. Perry is expected to face questions about his connections to the oil and gas industry.   (Photo by Aaron P. Bernstein/Getty Images)

US energy secretary takes a stance on reliable energy

US secretary of energy Rick Perry has taken a stance in favour of reliable, affordable power. Secretary Perry has written to the Federal Energy Regulatory Commission highlighting the role and the necessity of affordable and reliable power. “Ensuring that American families and their businesses have access to reliable, resilient and […]

UK financial watchdog lobbying for Aramco IPO

UK financial watchdog lobbying for Aramco IPO

The head of the UK’s financial watchdog has admitted having meetings with Saudi Aramco over the potential IPO on the London stock market. Andrew Bailey, chief executive of the Financial Conduct Authority (FCA) said: “We can confirm that we held conversations with Saudi Aramco and their advisers in light of […]

Concerns UK government carbon capture investment is not enough

Concerns UK government carbon capture investment is not enough

The new UK government’s clean growth strategy has included investment in carbon capture. Carbon Capture has been highlighted as essential if the world is to reach its emission reduction targets under the Paris Agreement. The UK Climate Minister Claire Perry has described the technology as “vital”. The Internatipnal Energy Agency […]

File photo dated 18/10/13 of electricity pylons near Lydd, Kent. Energy regulator Ofgem has put forward plans to slash National Grid's budget by £185.4 million. PRESS ASSOCIATION Photo. Issue date: Thursday August 18, 2016. The watchdog, which sets the amount of money granted to National Grid to look after the UK's gas and electricity networks, said the proposals were part of a mid-period review. See PA story CITY Ofgem. Photo credit should read: Gareth Fuller/PA Wire

Energy cap not until next winter – Ofgem

Ofgem has said that the government’s energy cap will not come into force this winter. An interim cap aimed at the most vulnerable customers could be implemented by February. Ofgem said: “This will provide some short-term relief for vulnerable customers ahead of government plans for an energy price cap being […]

Chief executive of Centrica speaks out about green subsidies

Chief executive of Centrica speaks out about green subsidies

The chief executive of Centrica has said that customers should not be paying green subsidies through energy bills. Speaking to the editor of the Spectator, Iain Conn, the chief executive of Centrica, argued against the cost of green subsidies being added to customers’ bills. Conn highlighted the disproportionate effect of […]