Blackpool Fracking Can Continue
Fracking, the controversial shale gas extraction process, can continue near Blackpool, according to a panel of experts.
Government appointed experts have said that the process of fracking which caused several tremors outside Blackpool last year, can continue under strict conditions.
Utility Exchange reported earlier this year that it was expected that drilling using the process of fracking would be allowed to re-start.
In America the drilling ...
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GDF Suez Acquires Last 30% Of Electricity Producer International Power
The French energy giant GDF Suez is set to acquire the last 30% of the electricity producer International Power for £6.8bn.
A revised bid of £6.8bn from GDF Suez for the remaining 30% of International Power it doesn’t already own has been approved by directors.
Utility Exchange reported last year that the electricity generator, International Power, had merged with GDF Suez making it the ...
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Gas Network Improvements Set To Increase Gas Prices
Gas prices are set to rise as gas networks pay to upgrade pipes and facilities.
The owners of the UK’s gas networks have warned that gas prices are set to increase beyond 2020 as they face increasing costs to upgrade pipes and improve facilities.
Companies including National Grid told the energy regulator that distribution costs will increase by around 27% by 2020 and the costs ...
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Iceland’s Volcanoes Could Cut UK Business Energy Prices
Domestic and business energy prices could fall if a plan to use energy from volcanoes in Iceland goes ahead.
A plan backed by the Government involves transporting geothermal electricity generated in Iceland to the UK. Iceland has a plentiful supply of cheap electricity generated by using geothermal energy. The plan involves transporting this electricity via a supergrid of cables laid across the sea floor.
If ...
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Energy Companies Forced To Reveal Their Best Deals
The Government will force energy companies to tell customers about their best deals, a move which the Government says could save consumers up to £100 a year.
The Big Six energy companies will be forced to tell their customers what their best deal is and the most suitable tariff for them. The Deputy Prime Minister, Nick Clegg, said as many as 7 out of 10 ...
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Small Businesses Encouraged To Install Smart Meters
Small businesses are being encouraged to install smart meters to help ensure more accurate bills and change attitudes towards using energy.
According to research from British Gas around 50% of businesses are missing out on opportunities to reduce their business energy bills. At the same time 75% of businesses say that rising business electricity prices and gas prices are at the top of their ...
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E.ON Spends £100,000 On Energy Efficiency Apprenticeships
E.ON has announced a £100,000 funding package to start the recruitment of 100 young energy efficiency apprenticeships.
The funding will help to recruit workers between the ages of 16 and 24 from across England and Wales. They will be trained as external wall insulation installers, which is one of the key skills needed in order to deliver the Green Deal energy efficiency programme.
The Green Deal ...
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SSE Announces Multifuel Generation Facility Joint Venture
SSE has entered into a joint venture with Wheelabrator Technologies Inc to develop a multifuel generation facility at its Ferrybridge power station.
The 50:50 joint venture, called Multifuel Energy Ltd (MFE), should begin constructing the new facility towards the end of 2012. It will be a 68MW facility and should be completed by the 2015.
The project will create hundreds of jobs while around 50 permanent ...
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Japan Pushes To Get Nuclear Reactors Restarted
The Japanese government is pushing to get two nuclear reactors, left idle after the Fukushima disaster last year, restarted to avoid a total shutdown of its nuclear power stations.
The Japanese Prime Minister is meeting with cabinet members to discuss restarting two reactors at the Kansai Electric Power Company Ohi plant in western Japan. Many reactors were temporarily left idle after the earthquake and tsunami ...
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O2’s Flexible Working Trial Cuts Business Electricity Use
A massive flexible working trial by the telecom company O2 cut both water and business electricity use.
The Olympics threaten to disrupt businesses across the capital during the summer. There are concerns that commuting times will increase. However a flexible working experiment carried out by O2 may be the answer to the expected chaos and change the way businesses work in the future. The experiment ...
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