Archive | January, 2011

Cable to answer questions on Green Bank

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Cable to answer questions on Green Bank

Posted on 31 January 2011 by Sumit Bose

Vince Cable will be giving evidence to the Environment Audit Committee this Wednesday about the Green Investment Bank. The Business Secretary will be answering questions from MPs and giving oral evidence a fortnight after the same committee heard from suppliers.

Two... Read More

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Editor’s View – 28th January 2011

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Editor’s View – 28th January 2011

Posted on 31 January 2011 by admin

Editor's View with Sumit Bose Read More

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Vandals behind electricity substation blast

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Vandals behind electricity substation blast

Posted on 31 January 2011 by Kelvin Ross

Electricity supply company Central Networks has revealed that its investigators believe vandals were to blame for an explosion at a Nottingham substation that caused thousands of pounds of damage and the loss of supply to over 1,000 customers.

Some local people... Read More

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Smog lifts on a greener Los Angeles

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Smog lifts on a greener Los Angeles

Posted on 31 January 2011 by Kelvin Ross

Think of Los Angeles and one of the first things that comes to mind is the smog that famously has hung over the city's skyline.

But the 'city of angels' is changing its polluting ways: last year it harnessed almost 20%... Read More

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Leading consultant warns of price tsunami

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Leading consultant warns of price tsunami

Posted on 31 January 2011 by Tom Gibson

Many of us may struggle to afford energy in the coming years due to a sharp increase in the price of energy. These were the words of Bobby Collinson, the Managing Director of Power Efficiency, an energy consultancy.

Mr... Read More

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Huhne welcomes new solar jobs

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Huhne welcomes new solar jobs

Posted on 31 January 2011 by Tom Gibson

Secretary of State Chris Huhne has welcomed last weeks decision by Sharp to increase their workforce: "This is excellent news for the solar industry and for Sharp, which shows that green growth is a vital part of our economic recovery.... Read More

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Australian floods push up price of coal globally

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Australian floods push up price of coal globally

Posted on 31 January 2011 by Tom Gibson

The recent floods in Australia will affect the global energy market as Queensland's coal exports are severely reduced. This is likely to lead to much higher global prices in 2011, according to the PA Consulting Group.

Australia is the world's largest... Read More

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Egypt trouble affects oil price

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Egypt trouble affects oil price

Posted on 31 January 2011 by Tom Gibson

Investment bankers, Renaissance Capital, are claiming that political instability in North Eastern Africa is having a disruptive effect on the price of crude oil. The West Texas Intermediate closed at 4.3% on 28 January.

Although Egypt's share of global oil and... Read More

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OnStream’s meters mop up prizes

Posted on 30 January 2011 by Tom Gibson

Onstream, a partner of smart grid specialists Sentec, has won both the Metering Manufacturer & Technology of the Year and the Innovation of the Year prizes at the European Smart Metering Awards.

Keith Hawkins, Strategy and Smart Development Manager for OnStream,... Read More

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Record-breaking well drilled

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Record-breaking well drilled

Posted on 28 January 2011 by Tom Gibson

A subsidiary company of ExxonMobil has announced the successful drilling of the world's longest extended-reach well at the Odoptu field, 5miles off the coast of Eastern Russia.

The company, Exxon Neftegas Limited, built the Odoptu OP-11 well in just 60 days,... Read More

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