Government launches £150m renewable energy manufacturing strategy
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by David Humphries September 9th, 2008
Britain’s energy policies lagging behind target
In a couple of years, Britain will in all probability fail to achieve an important environmental goal that had been drawn up by the Blair government. This goal essentially was about ensuring that at least ten percent of electricity generated across the country would be derived from green energy units, primarily wind plants followed by tidal and solar power. The Department for Business, Enterprise and Regulatory Reform (Berr) has issued statements that seem confident of achieving this goal that had been announced in year 2000 and tabled in 2003 with the energy White Paper. ...
by Emma Young September 1st, 2008
Decline in BE earnings smaller than estimated
The nuclear energy producer, British Energy Group Plc has discarded a takeover proposal from Electricite de France SA (EDF) and reported a slight decline in the first quarterly profits than what analysts anticipated. Earnings before amortization, tax, interest and depreciation for ...
by Vicky Booker August 15th, 2008
Political pressure to actualize windfall tax
The UK government business secretary, John Hutton confirmed that in due course of time, the treasury is coming up with a proposal to inflict windfall tax on companies that produce energy. While talking to BBC radio, he also said that ...
by Alf Stephens August 1st, 2008
Possible Sanction for Nuclear Power Plants in Protected Areas
The government may decide to sanction setting up advanced nuclear power stations in areas that are protected as environmental zones or hot listed for potential floods. The reason for this move is the speed with which the UK prime minister wants to see the installation of eight new
by Jason Drew July 28th, 2008