Britain's energy regulator Ofgem has started investigating whether electricity and gas supplier E.ON has used inappropriate sales tactics in its telephone and face-to-face marketing, the watchdog said on Wednesday.
Wednesday, 4 April 2012
UK #Renewable Energy Generation Up & #Emissions Down
As we get ready to publish our latest UK energy market report the DECC released last year’s energy statistics. Even though figures did not match the predicted targets Renewable energy generation expanded significantly and carbon emissions fell in 2011.
Renewable energy generation registered an increase of 35% in comparison to the previous year (2010). Back then renewables accounted for 6.8% of all electricity supplied in the UK. Last year it was responsible for 9,5%, only 0,5% short of the illusive 10% mark that had been predicted.
Overall low carbon generation rose about 4% accounting for 28.4% of all electricity generation in 2011. Offshore wind and hydroelectric generation registered the biggest increases followed by onshore wind and thermal renewables (including co-firing).
Tuesday, 3 April 2012
Monday, 2 April 2012
UK gas prices fall, Yemen LNG explosion supports May prices
British front-month gas prices found support on Monday from news Yemen's liquefied natural gas (LNG) exports would be cut by four cargoes following a pipeline explosion, while other contracts eased in line with weak equities markets, traders said.
British gas for delivery in May traded above historical closing levels on Monday at 60.30 pence per therm as British LNG imports could suffer from other buyers offering a premium over UK prices to attract lost exports from Yemen.
"The news should provide some good support," said a UK gas trader at a utility. "But equity weakness is also feeding into the oil and gas complex."
Yemen LNG said late on Friday its production would drop by four cargoes following the explosion of a pipeline which feeds the terminal with gas.
Subscribe to:
Posts (Atom)