LNG mixed blessing for U.K.

Liquefied natural gas may help Great Britain deal with energy security but
it exposes the market to global pressures, energy analysts said.

The International Energy Agency predicted a growth in the natural gas market
with energy companies like Royal Dutch Shell expected to eventually produce
more gas than oil.

London estimates that, as reserves in the North Sea start to run dry, the
United Kingdom will rely on imports to meet 70 percent of its gas demand by
2020. As much as 60 percent of that is expected to come from LNG.

Simon Fairman, who manages a LNG terminal on the Isle of Grain, said that
LNG is a mixed blessing for the region, noting shippers tend to go where the
prices are most attractive, London's Guardian newspaper reports.

http://www.upi.com/Science_News/Resource-Wars/2010/12/29/LNG-mixed-blessing-
for-UK/UPI-28411293625705/

M&C Energy Group acquires Utility Masters

Oldham energy broker company
Utility Masters has been bought for an undisclosed sum by Scottish
procurement and compliance specialists M&C Energy Group. The deal for Royton-based Utility Masters will see the M&C Energy Group's
turnover increase to £40m and "further cements its position as one of the
world's leading energy consultancies". Utility Masters was founded in April 2000 by a team of senior utilities
sector managers and helps clients to optimise energy costs and use. UM's founding partners, Jim McGhie, Shaun McClarnon and Kevin Whaites will
join the M&C team. Jim McGhie, Managing Director, Utility Masters Limited, said: " M&C is
unquestionably one of the world's leading energy consultancies with a strong
reputation for excellence in customer services and product innovation. " M&C's global reach will bring significant benefits to our clients, many of
whom require an integrated energy service across many sites worldwide. My
partners and I are looking forward to working with M&C to drive forward this
strong business." http://menmedia.co.uk/manchestereveningnews/news/business/s/1404167_mc_energ
y_group_acquires_utility_masters

UK Business Energy Prices Drop

Energy Prices Drop Despite The Cold Weather

Despite going through one of the coldest winters in history, UK energy
prices dropped. Strong gas supply from Norway, imported LNG and the restart
of a nuclear reactor helped bring household and business energy prices down.

UK Business Energy Prices Drop
Normally when temperatures drop gas prices go up. This winter temperatures
are several degrees below seasonal average which should have rocketed gas
prices. Energy prices are highly influenced by gas prices, so every time gas
prices go up energy prices soon follow.

"Everything has traded lower on gas," said an energy broker.

Back in December we reported that UK Business Gas Prices Drop despite
Forecasted Cold Spell, at the time a strong supply from Norway and
Netherlands plus strong imports of LNG forced gas traders to lower their
prices. Read More:
http://www.catalyst-commercial.co.uk/blog/latest-news/uk-business-energy-pri
ces-drop/

M&C Energy Group acquires Utility Masters, primes for global growth

Lyceum Capital-backed energy
procurement and compliance specialist M&C Energy Group has acquired
outsourced energy management company Utility Masters as it eyes further
acquisitions to boost its global presence.

Scotland-headquartered M&C expects that this latest acquisition - its fourth
in a year - will see its turnover increase to £40m and cement its position
as a global energy consultancy.

With a focus on energy procurement and carbon reduction, UK company Utility
Masters will add further depth and expertise to M&C's existing services and
energy management solutions ;
increasing its stature as a global energy services player. Following the
acquisition, Utility Master's founding partners Jim McGhie, Shaun McClarnon
and Kevin Whaites, will join M&C.

http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/ene
rgy-efficiency/mc-energy-group-acquires-utility-masters-primes-for-global-gr
owth.html

UK spot power prices fell on Tuesday

UK spot power prices fell Tuesday due to lower UK gas prices and the restart
of a nuclear reactor, said traders.

UK OTC power for next-day delivery was last heard at GBP49.85/MWh in base
and GBP55/MWh in peak, down GBP1.65 and up GBP1 from Friday's assessment for
Tuesday.

On the N2EX wholesale power exchange, the day-ahead power auction cleared
GBP3.51 lower than the previous day at GBP48.65/MWh.

"Everything has traded lower on gas," said a trader at a large UK utility.

UK gas for next-day delivery was trading at 58.15 pence/therm by midday,
down 3.20 p/therm from Friday's assessment for Tuesday, due to higher flows
on the Langeled pipeline to the UK.

The 220 MW Oldbury-2 nuclear reactor in South Gloucestershire was restarted
early Tuesday morning, data from National Grid showed, adding cheap supply
to the UK power system.

The reactor had been offline since November 11, 2010, due to a fault on a
gas circulator.
http://www.platts.com/RSSFeedDetailedNews/RSSFeed/ElectricPower/8362238

UK Business Gas Prices How to get the best business gas prices in the UK

via ukgasprices.com

UK Wind Turbines Consume More Enerygy Than They Produce

The future lies in renewables, which is a Chris Huhne euphemism for wind
power.

The holy grail of Dave and the Wind God, wind power is a big, expensive and
very dangerous joke for the energy security of this country.

As the country emerges from a very cold snap, it is a comforting thought for
us all that our wind turbines have actually consumed more energy, than they
produced.

With wind speeds across Western Europe having fallen in the last 30 years,
and Britain suffering a 12% Fall In UK Renewable Energy Production the
future is far from bright.

http://toryardvaark.wordpress.com/2010/12/29/uk-wind-turbines-consume-more-e
nerygy-than-they-produce/