Month: October 2014
The head of energy firm British Gas’s residential arm will take over as temporary boss of British Gas when Managing Director Chris Weston steps down in December. Ian Peters will hold the managing director post on an “interim basis while a permanent replacement is sought”, parent company Centrica said today. It’s one of a handful […]
Gas prices dipped today after a gas deal was signed overnight between Ukraine and Russia. The agreement brings a moment of relief after fears of a European gas supply crunch. This morning contracts for November were trading at nearly 2 pence less per therm (the standard measure for gas) versus yesterday’s opening price of 52.15p. The […]
The UK’s first commercial-scale hydrogen production and refuelling facility powered by solar energy has been opened. Located at Honda’s UK manufacturing site on the outskirts of Swindon, the new facility has been integrated into the existing hydrogen refuelling station which opened in September 2011. The consortium – which includes BOC, Commercial Group, Swindon Borough Council, […]
An energy company in Ireland has signed an agreement for a €100 million (£78.5m) loan with the European Investment Bank (EIB). ESB will use the cash to support work to connect wind farms in the south-west region to the national grid as well as construct five new substations. It is the second tranche of a […]
Falling oil prices have really got under the skin of oil and gas explorers in the UK, suggests the latest mood test from an industry trade body. It’s the first time Oil & Gas UK’s index has moved into “negative territory” since 2009. A fall of nine points on the index – which goes between […]
Russia, Ukraine and the European Commission have signed an agreement that will see Moscow resume vital supplies to Ukraine this winter. The $4.6 billion (£2.9bn) “winter package”, which covers the period from now until the end of March 2015, will also ensure gas supplies to EU nations via Ukraine are secure. José Manuel Barroso, President […]
Find out what’s influencing gas supply, power prices and what you should watch out for in the new daily market report on the energy market from Tim Carter, Client Portfolio Manager on the Optimisation Desk at npower.
The beautiful paintings in the Vatican’s Sistine Chapel have been revived, thanks to the installation of new energy-saving lighting. The Chapel, which has around five and a half million visitors every year, intends to save energy costs and reduce the Vatican’s carbon footprint. The previous system has been replaced with more than 7,000 LEDs by […]
A 37MW solar power plant has been successfully connected to the UK grid. The ground-mounted facility, which is RWE’s first in the UK, is located on a disused airfield at Kencot Hill and will produce enough electricity to power around 10,000 homes. Solar firm Conergy, which helped connect around 144,000 panels to the grid, will […]
Two new Debenhams stores just opened are flaunting low energy LED lights – and they are now seen as “standard” by the retail chain. ELN can exclusively reveal the duo of stores, at Borehamwood and Scunthorpe, are the first to be fully fitted with LEDs. Kitted out with energy efficient heating and cooling plant, the […]