UK energy

The North Sea’s oil and gas industry is still an attractive sector to work in – at least for now. That’s according to a new student survey from oil and gas skills organisation OPITO, which questioned young people living in the UK’s key energy hubs about their potential career prospects in the field. More than 500 students from Aberdeen, Aberdeenshire, […]

Will oil prices continue plunging ever downwards? And what can we expect gas and power prices to do? We’ve asked four top energy experts to scratch their heads and come up with an educated gas – sorry, guess – for the year to come. For those of you with a short attention span (this is […]

[View the story “Mixed verdicts on first capacity auction” on Storify]

The first ever “reverse” auction for British electricity capacity closed yesterday, bagging a price which the government said was lower than expected. Fifty companies will be paid £19.40 per kilowatt a year to have power available in the year 2018-19. Energy Secretary Ed Davey said this is “fantastic news” and gets the “best” out of existing […]

Government statistics out today show gas made up two-fifths (40.8%) of electricity generated by major power producers between July to September 2014. Gas power plants are picking up the strain from coal stations which dominated for the last two years, according to the quarterly figures. Supply from coal stations slumped 41% compared with the same three […]

It may not come as a surprise to some – but where you live affects when you turn on the heating. Not only that, how old you are affects this as well, suggests a new report looking into the heating habits of Brits. The survey of 1,000 people by price comparison service Make it Cheaper […]

Oil prices this morning hovered near the lowest price in 14 months, according to npower’s daily market update. Gemma Bruce, Client Portfolio Manager at the supplier’s Optimisation Desk said: “Brent oil continues to hold around a 14 month low, just below $102 per barrel.” Oil prices could dip, she added: “Easing worries about geopolitical tensions […]

The outspoken head of Scottish energy supplier SSE, Ian Marchant is stepping down in the summer. SSE’s Deputy Chief Executive Alistair Phillips-Davies will take his place on 1 July, the firm announced today, while Finance Director Gregor Alexander will work to support the role. It is ten years since Mr Marchant took the helm at […]