Energy prices could reach new record levels if the Russia-Ukraine situation deteriorates

Jeremy Nicholson, Corporate Affairs Officer at Alfa Energy Group, comments on the impact of the Russia-Ukraine crisis on UK/European energy markets

Michael Fallon an ‘effective and no-nonsense’ Minister

The energy industry has welcomed the newly appointed Energy Minister, referring to him as “effective and no-nonsense” and one who will work towards a green and low carbon economy. Those are some of the views from industry groups following Prime Minister David Cameron’s announcement today of replacing John Hayes with Michael Fallon (pictured) as Energy […]

Energy and climate policies to blame for price hikes

The Government has claimed that energy price hikes are due to increases in global price of gas but its latest report suggests the rise is “almost entirely” due to energy and climate policies. That’s the view of the Energy Intensive Users Group, which notes that the effect of the Government’s climate policies and proposed compensation […]

George Osborne ‘undermined’ future green technologies

The Chancellor has “undermined” the clean energy market by announcing tax breaks for fossil fuels and ignoring green technologies of the future. That’s the view of environmental groups who criticised George Osborne’s announcement yesterday as a “20th century budget for a 21st century economy”. David Nussbaum, Chief Executive of WWF-UK said: “This Chancellor’s budget was […]

Step forward for carbon compensation for big energy users

Government plans to compensate large energy users with a £250million package took an “important” step forward today as BIS and DECC opened a consultation on how the scheme would work. Chancellor George Osborne announced the cash last year to help manufacturers cope with the cost of emission-cutting taxes such as the EU Emissions Trading System […]

Are climate change policies on the right track?

ELN reporter Vicky Ellis speaks to industry experts about climate change policies.

The Energy Bill – Taking control of our energy?

With the Eurozone debt crisis worrying the business community, will the Energy Bill help firms take control of their energy use? Or just set us up for a costly “dash for gas”?

Questions remain over Contracts for Difference

Last week’s draft energy bill has possibly left the business sector more questions than answers. The ‘Contracts for Difference’ (CfD), one of the key policies of electricity market reform, has been the most heavily targeted as business says Government is still keeping quiet over the detail. Rhian Kelly, Director for Business Environment at the CBI […]

Reaction to the Draft Energy Bill

Leading industry figures give ELN their take on the Government’s latest draft Energy Bill.

Future UK carbon price could be ‘double’ of EU competitors

The price of carbon for major energy users such as steel, glass and aluminium makers in the UK could be more than double that of their European competitors in future, warns a leading group which represents industry bodies. Yesterday the Chancellor announced the 2012 Budget which contained details of how much industrial energy users will […]