Thousands Of New Jobs To Be Created In Oil & Gas Industry
A report suggests that thousands of new jobs are set to be created in the oil and gas industry.
The new report, the Lloyds Bank Corporate Markets report, Oil and Gas: Rising Fortunes, revealed that over three quarters of businesses said they expected to create new jobs over the next couple of years.
A survey conducted for the report questioned 100 decision makers. The report said that many ...
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SSE To Build Smart Energy Centre In Wales
Scottish & Southern Energy (SSE) is to open a £7m energy centre in Wales which will create 250 new jobs.
SSE is investing £5m in a new energy centre which will provide renewable energy training facilities and be home to a green operational centre. The new centre will be built in Treforest.
In Wales SSE operates under the Swalec brand. The Swalec Smart Energy Centre is ...
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National Grid & Northern Gas Networks Fined For Gas Leak Failings
Two utility companies have been fined by Ofgem for not dealing with gas leaks quickly enough.
The two companies, National Grid Gas and Northern Gas Networks have been fined for failing to attend to gas leaks on time. National Grid Gas (NGG) will be fined £4.3m while Northern Gas Networks will be fined £900,000. NGG owns four energy networks and it’s for this reason that ...
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Report Finds Solar Panels & Double Glazing Don’t Cut Bills For All
A report for the Energy Saving Trust and the Department of Energy & Climate Change (DECC) has found that energy saving measures including solar panels and double glazing don’t cut bills for around 26% of consumers.
The report is part of the Coalition Government’s Green Deal trial whereby householders can take out loans of up to £10,000, backed by the government, for energy efficiency measures. The report ...
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Rathlin Energy Drills For Yorkshire Oil
Yorkshire could become the next big oil producing area as a Canadian energy company, Rathlin Energy, plans to drill for oil below villages in East Yorkshire.
The company, Rathlin Energy, plans to drill a borehole 1.5 miles underground between the villages of Bishop Burton and Walkington. It has already sent plans for the project to East Riding of Yorkshire Council.
Highways officers will initially look at the plans ...
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Geothermal Plant Gets £6m Govt Grant
A commercial scale geothermal power plant could become reality after Geothermal Engineering was awarded a £6m government grant.
The company behind a project to develop a geothermal plant in Cornwall has been awarded a £6m government grant from the Regional Growth Fund.
Utility Exchange reported last year that planning permission had been granted for the site near Redruth in Cornwall. It’s hoped that once completed the plant ...
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High Court Says Solar Subsidy Cuts Are Legally Flawed
The High Court has ruled that plans to cut solar subsidies to households are legally flawed.
Utility Exchange reported when the Government announced that subsidies for solar panels on homes would be cut by 50% on the 12 December. However, two solar companies and Friends of the Earth went to the High Court to test if the Government’s decision was lawful.
Subsidies for solar panels had been ...
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Co-Op Energy Gives Customers Early Christmas Present
The newest energy supplier in the British market, Co-operative Energy, has announced it is to cut its prices giving customers an early Christmas present.
After the Big Six energy companies all increased their energy prices over the summer wholesale energy prices have dropped. Co-operative energy also increased gas and electricity prices in the Autumn but it has now announced it is to cut its energy prices.
Utility Exchange ...
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Ofgem Review Into Transmission Charges
Ofgem is looking for views on its proposals to change the way it calculates transmission charges for power generators.
Transmission charges make up 4% of energy bills and Ofgem is proposing to change the way it calculates transmission charges for power generators. Transmission charges are set by National Grid using a formula approved by Ofgem and as the country moves towards alternative sources of energy generation Ofgem ...
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Windsor Castle Cuts Business Electricity Bills With Green Electricity
The final turbine is set to be installed today and Windsor Castle will be able to cuts its business electricity bills with green electricity.
Utility Exchange reported earlier this year that Windsor Castle was going green and would soon be powered by electricity generated by hydroelectric turbines placed in the River Thames. The final turbine of the Romney Weir project is set to be placed in ...
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