Centrica would now try to lure British Energy with cash
Centrica seems to be keeping all options open for acquiring a stake in British Energy. British Energy is currently in talks with EDF for acquisition. In case EDF succeeds in acquiring British Energy, then Centrica plans to purchase a minority stake. However, in the event of failure of British Energy-EDF
by Lynnette Adamson August 11th, 2008
British Gas seeks to defy escalating energy costs
British Gas is in pains due to ever-rising energy costs and now it has decided to curb the negative impact of such rise. It has come out with triple-point strategy to deal with the problem. New Strategy is expected to ...
by Justin Becks August 10th, 2008
Privatization responsible for UK’s energy fiasco
With escalating gas, electricity and petrol prices, British families are facing the prospects of tough winter. Nuclear power plants are nearing shut-down dates and the supplies from North Sea are dwindling. Both Labour and Tory ...
by Tessa Clarke August 10th, 2008
Nuclear Power share dwindling in UK
In 1996, Britain's nuclear power station generated 30% of total demand in the country. Now, this has fallen to mere 15%, making the lowest trough in 21 years. This report of almost 50% decline has been ...
by Jenson Brayshaw August 10th, 2008
London’s Mayor says No to Hydrogen fuel
The mayor of London, Boris Johnson, has decided to renege on the one of the largest orders of vehicles that use hydrogen fuel. Skeptics say that this will put London in a weaker position to tackle environmental issues, going forward. With ...
by Emma Young August 9th, 2008
Diageo goes green with biofuel
Leader in the scotch whiskey industry, Diageo, is slated to spend about 65 million pounds on plant that uses bioenergy. It will be deployed in Diageo's biggest distillery and is expected to convert approximately 90,000 tonnes of what is referred ...
by Emma Young August 9th, 2008
New consumer watchdog to check price increases
A new consumer rights agency is slated to check soaring prices that is reigning in inflation. It looks like the new agency is set out to target energy companies churning out skyrocketing bills to consumers. The new consumer watchdog will substitute ...
by Tessa Clarke August 9th, 2008
Technical glitches hit International Power
International Power will take a hit of £45m due to a string of technical troubles at its coal-powered energy station at Staffordshire, Rugeley. Company employs two generators at the said power station, however, it is facing problem with both the ...
by Jason Drew August 8th, 2008
Rosy future ahead for renewable energy industry
Deloitte has recently conducted a survey of Renewable energy businesses. It has concluded that the future for renewable energy industry is promising. Jenny Harrison, Director, renewable energy assurance practice, was responsible for this survey. This survey also studied roadblocks. Report ...
by Emma Young August 8th, 2008
Energy companies face ire over rising prices
Despite slide in wholesale gas prices, energy companies seem to be set for introducing yet another round of price hikes for consumers. Forward gas price tag has seen a decline over last month. Current quote for gas delivery this winter ...
by Justin Becks August 8th, 2008
Protests cloud new energy projects
Kingsnorth Power station project is under cloud. Hundreds of protestors have congregated at Hoo, Kent. They are here to oppose the construction of coal-powered facility. If this projects goes ahead, then it would be first coal-based power generation plant for ...
by Emma Young August 7th, 2008
