Other News

£450m in green subsidies to burn wood pellets at Drax

£450m in green subsidies to burn wood pellets at Drax

A leading British think tank, Chatham House, has today warned that the UK is wasting hundreds of millions of pounds on burning American wood pellets in biomass generators – and that the practice causes more pollution than the coal it replaced. The UK imported 7.5 million tonnes of wood pellets […]

IEA calls on Australia to lead the world on new coal technologies

IEA calls on Australia to lead the world on new coal technologies

The Executive Director of the IEA Fatih Birol has said in a visit to Canberra that Australia needed to take action alongside other countries to boost carbon capture technology. “There is a need for a greater initiative from countries, maybe such as Australia and others.” he said. Fatih Birol’s call was […]

Parliament condemns Hinkley Point nuclear plant

Parliament condemns Hinkley Point nuclear plant

A scathing report by a powerful House of Lords committee has slamming Hinkley Point’s nuclear plant as “risky”, and said that the Government must prioritise energy security. The Committee’s Chair Lord Holick said the Hinkley Point nuclear plant was unlikely be delivered on time, and that with 7% of the […]

US gas prices fall to lowest since November

US gas prices fall to lowest since November

Mild weather in the US has seen natural gas prices plunge to their lowest level since November. Front-month natural gas prices fell to $2.63/MMBtu last week, down from nearly $4/MMBtu at the end of last year. Meanwhile, front-month gas futures fell by more than 7 per cent as a result. […]

British Gas invests in rewards for customers

British Gas invests in rewards for customers

British Gas, Britain’s biggest energy supplier, has announced plans to invest £100 million in a customer reward programme that would result in reduced bills for many customers. The company, owned by energy giant Centrica, plans to launch a range of new tariffs in April that would offer discounted energy and […]

HILLSBOROUGH, NJ - JULY 15: Employees of SunEdison install photovoltaic solar panels on the roof of a Kohl's Department Store on July 15, 2008 in Hillsborough, New Jersey. Company engineers estimate Kohl's will be able to reduce their electricity usage on average by 25% once power begins flowing from the 1980 rooftop panels. Kohl's signed a contract with SunEdison, based in Beltsville, Maryland, to receive electricity for 20 years at a reduced price from public utility rates. New Jersey is the nation's second largest producer of solar energy behind California. State and federal tax incentives help individuals and commercial enterprises cover the costs of solar panel installations. SunEdison is North America's largest solar energy service provider. (Photo by Robert Nickelsberg/Getty Images)

US solar shares struggle

Market data has revealed that Wall Street investors shunned shares in US solar companies during 2016. First Solar, which manufactures solar panels, reported 2016 fourth-quarter sales down almost 50% from a year earlier. Its shares have mirrored the fall, down from last May’s high of $74.29 to $36 today. Elsewhere, […]

The sun rises behind wind turbines and electricity poles Friday, Oct. 12, 2012 in Nauen near Berlin, Germany. (AP Photo/Ferdinand Ostrop)

Experts warn Canadians to prepare for significant energy price rises

Utility companies and industry analysts have warned Canadian households to expect significant energy price rises over the coming years. With the introduction of a carbon tax this year set to force average gas bills up by $136, domestic customers will also have to contend with a negative market outlook that […]

North Sea platform decommissioning announced

North Sea platform decommissioning announced

Oil and gas company Canadian Natural Resources International (CNRI) has confirmed that it will press ahead with plans to decommission the Ninian North platform, around 240 miles north-east of Aberdeen. The platform, the smallest of three on one of the North Sea’s oldest producing fields, was purchased by Calgary-based CNRI […]