Coal the most-used energy source in late 2014

Feb 01, 2015 Taryn Nixon Coal, Gas & Oil, Markets & Finance 0

Despite coal plants shutting down in the UK, it was one of the main sources of electricity towards the end of 2014. New statistics released by the UK Government show the increase in wholesale gas...

Coal miners hail “lifeline” after government loan

Jan 10, 2015 Vicky Ellis Coal, Gas & Oil, Markets & Finance 2

Coal miners say they have been given a “lifeline” after the government loaned £8 million to the Hatfield Colliery in Yorkshire. The short-term loan is to help the mine’s owner manage its...

Hands off! Half of gas “must be left underground”

Jan 08, 2015 Vicky Ellis Coal, Gas & Oil, Policy & Legislation 0

New research suggests a third of oil reserves, half of gas and more than 80% of current coal reserves around the world should be left in the ground and not be used before 2050. Academics at the UCL...

Energy auction price “lower than expected”

Dec 19, 2014 Vicky Ellis Infrastructure & Generation 0

The first ever “reverse” auction for British electricity capacity closed yesterday, bagging a price which the government said was lower than expected. Fifty companies will be paid £19.40 per...

China still not getting to grips with coal

Dec 16, 2014 Taryn Nixon Coal, Gas & Oil 0

China will continue to dominate the global coal market despite efforts to moderate its coal consumption. A report out yesterday found coal demand grew by 2.4% in 2013, with China driving much of...

Germany’s big energy problem

Dec 10, 2014 Amber Smith Features, Latest Videos 0

The ELN team visits one of Germany’s biggest open cast mines to see how the country is balancing the use of fossil fuels and green energy.

Germany can’t scrap coal and nuclear at same time – RWE chief

Dec 08, 2014 Vicky Ellis Coal, Gas & Oil, Policy & Legislation 3

Germany will struggle if it scraps coal at the same time as nuclear, according to the boss of RWE AG Group. In an interview at the firm’s Essen office last week, Peter Terium, CEO of RWE AG told...

Oil prices crash again – plunging below $70

Dec 01, 2014 Taryn Nixon Coal, Gas & Oil, Markets & Finance 0

Oil prices plunged below the $70 mark today, according to the daily market report from npower. Brent crude oil traded as low as $67 (£43) per barrel this morning. Tim Carter, Client Portfolio...

What’s on the world’s energy horizon?

Nov 13, 2014 Vicky Ellis Infrastructure & Generation 0

What will the world’s energy picture look like in 2040? Expect nearly 200 nuclear plants to retire, 50% more gas demand and coal to be outstripped by renewables. So finds the latest World Energy...

Fossil fuels get $88bn subsidy from G20

Nov 11, 2014 Vicky Ellis Coal, Gas & Oil, Markets & Finance 0

The world’s wealthiest countries hand subsidies to the tune of $88 billion (£55.5bn) a year to the fossil fuel industry, finds new research from the thinktank Overseas Development Institute. Its...