Hillier questions workings of Green Bank

The Shadow Secretary of State for Energy and Climate Change was yesterday questioning the functionality of the newly created Green Investment Bank. Speaking to ELN at the House of Commons yesterday, Meg Hillier said: “I’m concerned about the three-year gap until borrowing can happen in 2015- what happens? Will it be grant funded? It won’t […]

Darling supports Green Bank move to Edinburgh

The Shadow Chancellor yesterday gave his backing to move the newly-formed Green Investment Bank to Edinburgh. Lending his support to the business delegate, along with those from all of the major parties, Alistair Darling stressed that picking the right location was of the utmost importance He said: “It’s important that as we try and convince […]

BIU make Sunday Times ‘Best 100’

BIU Utility consultants have been voted into the Sunday Times 100 Best Companies to work for in 2011. It appears the reason BIU have done so well is due to a good team ethic: The 57 staff have an 82% positive score for teamwork, 89% have a lot of fun and staff, according to a […]

DECC releases plans for £11bn smart meter rollout

Plans for the national introduction of smart meters were announced today by the Department of Energy and Climate Change. The Government plans to start a mass rollout of 53 million smart meters to 30 million homes and businesses by early 2014, to be completed by 2019. A DECC spokesperson told ELN: “The rollout of smart […]

What’s the verdict on the green Government?

Has the Government acted on their green promises?

Global unrest pushes fossil fuel prices up

Global unrest is pushing fossil fuel prices up, according to npower’s market analyst. Magali Hodgson, npower Optimisation Desk Manager told ELN that oil prices had increased in the last two weeks because of NATO intervention in Libya. She said: “Front month oil has been trading in a $7 range with an increase of nearly $2 […]

Edinburgh bid for Green Bank underway

MPs today urged the government to locate the newly formed Green Investment Bank in Edinburgh. The selection of cross-party ministers argued that the Scottish capital was the city best suited to uniting the three key pillars of the bank: financial services; clean energy industry and education/ research. The Edinburgh Green Investment Bank Group briefed MPs […]

Welsh solar project given more legs

An £11m project between photovoltaic experts Dyesol and Steel giant Tata Steel will be strengthened by increasing the number of personnel working on it. The PV Accelerator Centre, based in North Wales, will now have 50 people working on it rather than 30. The joint project set out to develop the world’s first continuously manufactured […]

Former government advisor slammed for nuclear support

Sir David King has been criticised for supporting nuclear as a key part of the UK’s future energy supply. The Government’s former chief scientist said yesterday that the case for UK nuclear had never been stronger, and could even generate £10billion opportunity for the economy. Friends of the Earth reacted strongly against this, as energy […]

RHI takes the flak for delayed start

DECC’s Renewable Heat Incentive Scheme has been criticised for not being cost-effective. The £860million scheme offers home owners and businesses financial incentives to invest in low carbon heating technology. Energy firm BSOLAR claims that a delayed implementation of the RHI, now pushed back to October 2012, will make solar thermal and heat pump systems economically […]