Ofcom investigate npower for cold calling

Communications regulator Ofcom may fine npower and Homeserve £2m for breaking rules on persistent cold-calling. Ofcom say they have “reasonable grounds for believing that between 1 February 2011 and 21 March 2011, npower persistently misused an electronic communications network or services by virtue of its use of an automated calling system.” npower defended their actions […]

Siemens sign deal for turbine magnets

Siemens and the Australian Lynas Corporation Limited have signed a letter of intent to establish a joint venture for the production of neodymium based rare earth magnets. Magnets are needed for the production of energy-efficient drive applications and wind-turbine generators. Lynas will provide Siemens raw materials, predominantly neodymium to the joint venture. Lynas Executive Chairman, […]

Tax boost for North Sea oil

The Government today announced that North Sea oil and gas firms would receive tax support for those operating smaller, less profitable fields. The announcement follows an earlier tax increase that had some some in the industry worried about about the future of the nation’s energy supply. The annual rate of the Ring Fence Expenditure Supplement […]

Charge points will be key for electric cars

The Government has set out a strategy to bring forward the use of electric cars by creating a re-charging infrastructure to the cost of £400m. Transport Secretary Philip Hammond said: “The ability to re-charge is a key part of the jigsaw in supporting the growth of the electric vehicle market. It is crucial therefore that […]