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 […]

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 […]

More than half (55%) of businesses would like the government to offer more financial aid and tax breaks for energy efficiency projects. A new survey of more than 2,100 firms in England and Wales also found only a small percentage believe more information (8%) or financing options (4%) such as bank loans for measures like […]

The use of thermal coal for electricity generation in the US power sector has fallen “in nearly every state” since 2007. That’s from 1,045 million short tons (MMst) in 2007 to an estimated 739MMst last year – a 29% fall, according to the Energy Information Administration (EIA). The largest fall was concentrated in the Midwest […]

A new network which aims to generate 200MW of flexible energy by 2020 has been launched. Dubbed the ‘Living Grid’, it plans to show the power of intelligent demand response technology and modernise the UK’s existing “static” electricity system. The initiative is organised by non-profit firm Forum for the Future, with Sainsbury’s, United Utilities and […]

The House of Lords has overthrown the government’s decision to scrap the zero carbon homes standard. They voted in the final report stage of the Housing and Planning Bill this week. The policy, which was scrapped by the UK Government last year, proposes all new homes built in England from April 2018 to be zero […]

A $650 million (£445m) energy trading software merger has been referred to the Competition and Markets Authority (CMA) for an in-depth investigation. Intercontinental Exchange (ICE), a global operator of exchanges and clearing houses, has its own software that facilities trading of energy commodities. Its takeover of London-based Trayport, a provider of software which also facilitates […]

A new energy plan that provides 100% green power has been launched for businesses. Dubbed ‘SSE Green’, it is aimed at supporting large industrial and commercial operations in the UK manage their greenhouse gas emissions. SSE Business Energy will supply renewable energy generated exclusively through its portfolio of wind and hydro plants. The announcement comes […]