Gas fixing allegations reveal “dangers” of Big Six control

The latest allegations that gas prices have been manipulated by energy companies reveal the “potential dangers” of letting the Big Six control so much of the energy market. It has surfaced that a whistleblower reported to regulators a series of “unusual” deals below the market price on 28th September earlier this year. Ofgem and the […]

Australia to link with EU emissions trading scheme

Australia and the EU took a step towards an international carbon trading market after today announcing they will fully link their emissions trading systems in 2018. This means carbon credits under both schemes will count in either system, the EU’s Climate Commissioner and Australia’s Minister for Climate Change and Energy Efficiency said today. The two […]

The Market Report – 17th July 2012

ELN – Weekly Market Report – 17th July 2012 provided by npower

UK publishes schedule for EU ETS

The UK Government has published the EU ETS auction schedule from May 2012 up to July 2012. The government intends to auction 12 million allowances over the period. The EU ETS works on a ‘cap and trade’ basis. EU governments are required to set an emissions cap for all installations covered by the system. Each […]

Government propose better consumer protection

Consumers need better protection, Consumer Minister Edward Davey said today. Ministers announced that they wanted to see a simplified consumer landscape supported by public funding for two existing bodies- Trading Standards and the Citizens Advice service. Edward Davey said: “For too long people have been faced with a confusing landscape of different, public, private and […]