15/05/20122
Despite rumours of a delay, the long-awaited Energy Bill was outlined by the Queen to a joint meeting of the Houses of Parliament last week. However, further details on the Government’s Electricity Market Reforms (EMR) are urgently needed, according to business leaders.
15/05/20122
Lord Chris Smith of Finsbury, the chairman of the Environment Agency and a former Labour minister, said climate change had forced him to reverse his previous opposition to new nuclear in the UK.
15/05/2012
Centrica, the UK's biggest domestic energy supplier, has said that the trend for retail energy costs "remains upwards".
15/05/2012
Private equity investors and infrastructure funds will defy the economic downturn and trigger an increase in deal activity in the renewable energy sector over the next 18 months, according to a report by accountancy firm KPMG.
15/05/2012
Scottish Energy Minister Fergus Ewing said he was left “disappointed” by energy regulator Ofgem’s proposed amendments to the electricity transmission charging structure, which he claimed would still leave Scotland’s islands at a disadvantage compared with the mainland.
15/05/2012
In its response to Ofgem’s consultation on proposals to force larger energy companies to sell 25% of their generation in mandatory auctions in a bid to increase competition, SmartestEnergy has warned the move could lead to higher prices.
15/05/2012
Highlights this week include Vattenfall given green light to build biggest onshore wind farm in England and Wales, Siemens given go-ahead for £120m wind turbine factory in Hull and Former banking chief named as Energy UK chief executive.
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