The Market Report 31 July

Want to know what’s happeing to power prices? npower’s experts give you the low down on the energy market.

London’s drivers wasting £60million with ‘unnecessary idling’

London’s drivers could save more than £60million worth of fuel by switching off their car engines when stationary. The Energy Saving Trust (EST) said this could also help reduce more than 100million kg of carbon emissions a year and is urging drivers to help improve the city’s air quality. A report from Transport for London […]

Solar a “no brainer” investment

Solar is a “no brainer” investment which will continue to attract domestic properties in the UK despite the Government’s reduction in Feed-in-Tariffs (FiTs). The Solar Trade Association (STA) used a ‘Calculator’ system for its members and showed the returns domestic consumers can expect. The company found the outcome despite solar tariffs reducing from 21p per […]

British firm wins contract for German offshore study

A British science and technology firm has won an €18million contract for a geotechnical study at a German offshore wind farm. Spanish energy group Iberdrola awarded the contract to Gardline and GEO, a Danish engineering firm. Both companies will help carry out a seabed survey of the Baltic Sea and help determine the type of […]

Renewables help boost EDF’s profits

EDF Energy claims its profits rose by 4.6% in the first half of the year as an increase in renewable energy offset lower nuclear output. The French supplier said the rise was also due to higher hydropower output, which soared by 42% despite struggling last year. It also claimed its organic growth of 70.5% was […]

RenewableUK welcomes Scottish marine park

RenewableUK welcomed the UK Government’s decision to launch Scotland’s first marine energy park yesterday. DECC made the announcement and said the park will include the European Marine Energy Centre (EMEC), which will help companies test and develop wave and tidal energy devices. It is also expected to boost the marine industry and potentially create thousands […]

Killer storms cut power for thousands of US homes

Severe storms reportedly responsible for the deaths of at least three people in the north east of USA caused power cuts to hundreds of thousands of people at the end of last week. More than 330,000 customers across Ohio, Pennsylvania, West Virginia and New Jersey were affected, according to US supplier FirstEnergy, which said most […]

India cuts leave 300million without power

Crippling power cuts in India affected more than 300 million people on Monday, according to reports. Grid failure struck New Delhi and most of northern India leaving people without power for hours in what has been described as one of the Asian superpower’s worst blackouts in a decade. India’s Power Minister Sushilkumar Shinde is reported […]

‘Cluttered climate policies are failing us’, say businesses

Businesses believe the Government’s “cluttered” climate policies are “failing” them, a British manufacturing trade body warned over the weekend. The EEF which supports more than 6,000 manufacturers and engineers in the UK, is calling for an urgent full scale review of the government’s climate and environment policies ahead of the next Spending Review. The complaint […]

New CIBSE Accredited Heat Metering for RHI Training Course

Following the success of its Introduction to Renewable Technologies Training Course and due to a number of requests, TEAM is to offer a Heat Metering for Renewable Heat Incentive Training Course. The Renewable Heat Incentive (RHI) provides long-term financial support to eligible organisations with solar thermal, biomass boilers, biomass CHP and heat pump installations. The […]