Academics at Newcastle University have argued that our energy sector has become too 'fragmented' and that our energy future isn't secure as a nation. Their study found that a strategic authority is needed to impartially ensure energy security, and the current pricing model doesn't reflect the high economical and environmental cost of generating and distributing energy in years to come. Do we have a problem here?
Tagged with 'ukenergy'
Researched have today warned that Britain's fossil fuels may run out within the next 5 years. This is expected to increase our dependency on Norway, Qatar and Russia and then need to focus on renewable technologies on a continental level have been emphasised as a result. The Government have responded by saying that complete energy independence is "unnecessary".
An official Government report has warned that a yes vote on Scottish independence could see energy bills across Scotland increase by around £189 per year. That's a significant increase in anyone's book, but how has that conclusion been reached? The same report also concludes that jobs in the energy sector would be at risk as investors shy away due to upheaval caused by the separation.
Since Ofgem completed its investigation last week and a probe from the Competitions Authority was called for, some have spoken out on the issue claiming that the move could stall investment and lead to energy blackouts in the short term future. The initial snipe came from Centrica (British Gas) boss Sam Laidlaw which isn't surprising but since then more and more people have questioned the move and how it might affect the short term future of UK energy. So what's all the fuss about? Shouldn't we be happy about the probe?
Shale gas, hydraulic fracturing, natural gas extraction, onshore unconventional oil and gas, fracking… If you follow the news at all, you’re sure to have come across these terms in abundance – but what are they talking about? Are they all different names for the same process? If so, what is that process? And why is it so controversial?
You may recall that toward the end of 2013 the 'big six' energy companies all raised their energy prices at around the same time by as much as 12%. Naturally, this prompted a public backlash and energy regulators Ofgem announced that an independent review of the energy market was to place, with talks of some of the big six companies being broken up due to a monopoly hold on the market. The Competitions and Markets Authority were tasked with the 18 month review, and some of the results are now in...
New research has surfaced as part of an electricity market analysis which shows how the UK is performing in terms of its 'energy mix'. Last year, we experienced a rise output from renewable energy sources as coal-fired energy generation continued its gradual decline. This is great news for those with an interest in energy efficiency and green living, or anyone who has already embraced the new wave of energy efficient electrical heating appliances. So how exactly is our energy being produced and is this trend likely to continue?
With the cost of oil plummeting, many people are starting to wonder why the obvious saving that energy companies are making isn't being passed directly onto consumers. Earlier this week, a Government official wrote to the 'Big Six' energy suppliers to ask them why their tariffs hadn't been reduced since the oil price plunge reduced their costs. Smaller, independent energy suppliers have managed to pass savings on, so what's the hold up? Are you considering switching your energy supplier?
New figures have just surfaced which claim that the UK is actually using considerably less energy than it was a decade or so ago. While energy prices have been at the heart of some fiery debate recently, the data proves that technology is playing its part, as gadgets and appliances we use get increasingly energy efficient. Traditionally, a good economy and increased wealth would be associated with high energy use, but that trend is now being bucked by advancements technology.
With the cost of our energy fluctuating so much throughout 2014, Santa might well be tightening his belt this Christmas, but that doesn't mean you can't still enjoy a toasty warm home this holiday season. It's all about planning. After all, the last thing people want to see when January approaches is a sky-high energy bill - one thing we can do to prevent this, is carefully check with our suppliers that things have been measured correctly and we're not over-paying. Here are some tips to make sure everything's okay at home.