Month: April 2016
The UK Government has announced an investment worth £60 million for an energy hub in the Midlands. The money aims to help establish a new Energy Research Accelerator (ERA) centre to support the growth of the region’s technology and economy. It will tackle some of the energy challenges the sector is facing by being more efficient and […]
The European Investment Bank (EIB) has agreed to provide £500 million to support water and wastewater projects in the UK. United Utilities, which serves seven million domestic and 200,000 business customers, will use the 18-year loan to finance improvements across the north-west of England. Projects being supported by the EIB loan include a proposed pipeline […]
A helicopter heading back from an oil field off the coast of Norway crashed outside of Bergen. Statoil said the CHC helicopter was carrying 13 people. It was en route from the Gullfaks B platform to Bergen. The oil and gas company said in a statement: “Statoil has temporarily grounded all equivalent traffic helicopters. The […]
Public support for fracking in the UK has fallen. That’s according to a survey from DECC which asked more than 2,100 people about shale gas exploration. Only 19% of people said they back fracking compared to 31% who oppose it. The survey also found 42% of Brits admitted they know “a little” about fracking. Around […]
A scheme that provides state aid for renewable electricity generation in Italy has been approved by the European Commission. It said the initiative is in line with EU rules and will further EU energy and climate goals without distorting competition. The scheme is expected to add 1,300MW of additional generation capacity and help reach its […]
The oil and gas industry in Canada is expected to endure losses for the second consecutive year. According to the latest outlook from The Conference Board of Canada, the oil extraction sector is forecast to post losses of more than $3 billion (£1.6bn) while natural gas producers are expected to see losses of $1 billion […]
The gas system in the UK is “a touch undersupplied” today, around 3mcm short. Prices have opened “reasonably flat” this morning, according to npower’s daily market report. Sam Hill from the Optimisation Desk said: “There has been an end to some cuts to gas flows which now sees the system more balanced, oil continues to […]
Energy Live News brings you The Daily Market Report provided by npower. The npower Optimisation Desk team use technical terms when they are presenting the latest energy market news. For clarification of any terms, please check below. If you’d like to know more about our Energy Market services, please contact the team: [email protected]. All electricity […]
A project which looked into whether electricity meters in the UK are reading accurately has been completed. In September 2013, the National Measurement and Regulation Office, now part of Regulatory Delivery (RD) which is a directorate of the Department for Business, Innovation and Skills, signed up to participate in a European joint project for the […]
The US has awarded more than $5 million (£3.4m) to students who are studying courses related to nuclear energy. Around 57 undergraduate scholarships and 33 graduate-level fellowships for students at American colleges and universities have received a share of the money. The Department of Energy said it has awarded around $33 million (£22.7m) to more […]