Labour proposes windfall tax on North Sea oil and gas to keep bills down

The measure is predicted to reduce the average household bill by £200

Green energy suppliers freeze prices this winter

Green electricity providers Good Energy and Ecotricity said they would hold gas and electricity prices for all consumers until the end of winter. Good Energy said it decided to freeze prices as the majority of its external costs are not rising until April next year while Ecotricity had initially frozen bills until the 1st of […]

Green energy supplier promises ‘frack-free’ gas

A green energy provider in the UK has promised never to sell gas obtained from fracking to households and businesses. Ecotricity said its ‘Frack-Free Gas’ pledge is in an effort to give consumers the choice not to buy shale gas and avoid them from supporting the fracking industry. The gas is sourced through the controversial hydraulic […]

Communities given powers to veto onshore wind farms

Local communities will be given more powers to stop the development of onshore wind farms but will also be offered greater incentives to host them. The Government has announced new planning guidance in England to ensure local opposition can override national energy targets and also a five-fold increase in the value of community benefits. The […]

46% of UK homes interested in ‘green’ electricity

Almost half of UK households said they would switch to a ‘green’ electricity supplier if it didn’t cost them more than they currently pay. A poll of 1,017 people by research firm Ipsos Mori found 46% of householders are interested in renewable energy, however, less than 2% or 400,000 British households currently have an electricity […]

Nemesis car breaks electric land speed record

A battery-powered car broke the land speed record for electric vehicles at the Elvington airfield near York today. The Nemesis hit 148.419 miles per hour, breaking the previous UK EV speed record of 137mph set by the grandson of legendary speed-merchant Sir Malcolm Campbell. The Nemesis is the brainchild of Dale Vince, who founded the […]

Marine device pumps up South West

A new marine power device is set to make waves in the renewable industry, according to its developers Ecotricity. They say that it could potentially produce electricity cheaper than any other renewable energy. The announcement coincides with the move by DECC to make the South West of England a hub for Marine Energy technology. Searaser, […]

Britain the ‘Saudi Arabia’ of wind energy

Britain is the “Saudi Arabia of wind energy”, claims the founder of green energy supplier Ecotricity. Dale Vince made the comments as he announced that his firm increased the amount of wind energy they made by 13% in 2011 compared with the previous year. Mr Vince said: “There were whole months during 2011 when wind […]

Ecotricity exceeds £10 million target for second bond issue

Renewable energy company Ecotricity exceeded their target for a new green bond by over £6 million. The bond works like any other, except the money is invested only in renewable energy in the UK. Starting with a minimum of just £500 of investment, it will have an initial four-year term with a return of 6% […]

Ecotricity offers £10million ‘ecobonds’

Green energy supplier Ecotricity is offering £10milion of ‘ecobonds’ to the public. The independent energy company says it is launching them for investors who want to put their money into the green energy revolution without needing “to stick anything on their roof”. The ‘ecobond two’ is the second round of bonds open to UK-based individuals, […]