80% of small firms fear EMR will hike bills

Small companies fear their energy bills will rocket to pay for the EMR says a new report from the Federation of Small Businesses. The FSB is raising concern that electricity generators will pass on the extra costs of yesterday’s White Paper on market reform to consumers. Research from the FSB’s ‘Voice of Small Business’ survey […]

New shoots for investment

A bamboo bond that could yield more than 500% returns is launched today. Emerald Knight traders that say they invest in socially responsible funds, are launching the very literally green bond scheme which they believe will be very important in the timber trade. Bamboo is not only very strong and sustainable it also absorbs CO2 […]

Yo-yo month on the markets

Power and gas markets rose and fell in June as a result of world oil production and concerns over the Greek bailout. It was a roller coaster month according to energy brokers Powerisk’s latest report which said global issues such as LNG supply and nuclear policy in Europe had a strong effect. The report says […]

Ewing visits Orkney on marine trip

Scotland’s Energy Minister Fergus Ewing will today visit Orkney’s European Marine Energy Centre or EMEC. His two day trip will focus around the research and testing facilities of the centre which is now being used by many tidal energy companies from across Europe and the world. EMEC is the only centre of its kind which […]

Yellowstone clean up well underway

A mass clean-up of the Yellowstone River is now underway. ExxonMobil have set up a central command unit alongside US government environmental authorities to try and disperse the crude oil which leaked into the river on Saturday morning. The spill came from a pipeline that runs from Silver Tip to Billings in Montana. Nearby residents […]

New safety standard for renewables industry

RenewableUK, the country’s largest wind and marine energy trade association, has agreed a safety accord with the HSE and Crown Estate. The safety rules are designed to make it safer to operate in the offshore wind and marine sectors and its the first such agreement anywhere in the world. The accord is designed to do […]

Smart grid needs to be secure

A report commissioned by the Energy Networks Association has said a joined up approach is needed to make any future smart grid secure from cyber attack. The report written by international consultants KMEA looked at the threats and considered how government and networks should be developing strategies to secure UK electricity infrastructure. The report found […]

Huhne makes case for action on climate change again

Chris Huhne today embarked on a fresh campaign to explain why UK policy is so fixed on tackling climate change. Speaking to the Prince of Wales’s UK Corporate Leaders’ Group, in the first of a series of speeches, he said there were three reasons to act – economical, political and scientific. Mr Huhne told delegates: […]

Westinghouse gets nuclear all clear

The American designed Westinghouse nuclear reactor has passed its last major safety hurdle it was announced today. The Office for Nuclear Regulation (ONR) has agreed to close a ‘regulatory issue’ or RI which was raised against its AP1000 reactor design. The RI centred around concerns about the civil structures around the reactor. The ONR which […]

Underwater lobby flood parliament

The underwater industry will meet with MPs and the Energy Secretary tomorrow in a bid to secure more support. The sector which supports more than 50,000 jobs and generates £6 billion a year, says it can lead economic recovery if its given more government backing. The 60 strong delegation will tell Chris Huhne that the […]