via edie.net
Thursday, 2 February 2012
Wednesday, 1 February 2012
#Energy Broker firm M&C Energy expands US footprint
M&C Energy has expanded its American footprint by acquiring Arizona-based energy consultants Coleman Hines.
The move comes only a few months after the Dunfermline-based energy management consultancy firm opened its first US office in Atlanta, Georgia.
Coleman Hines provides services at nearly 35,000 sites in the US and Canada, particularly in the retail, restaurant and commercial sectors.
M&C Energy already has 18 offices in 13 countries and clients in 40 countries.
The group said the latest acquisition would help it grow its business in North America.
UK #gas prices ease on healthy supply, despite cold weather
British spot gas and power prices dropped slightly despite the cold on Wednesday morning as healthy supplies countered higher heating demand.
A Siberian cold front which has much of western Europe in its grip meant that gas demand in the UK was expected to rise to 381.5 million cubic metres (mcm) on
Wednesday, about 15 percent (or 49.5 mcm) above the seasonal norm, National Grid data showed.
But expected gas flows were even higher at 407.4 mcm, driving prices slightly down from Tuesday and implying that some gas could be injected into storage.
UK gas storage levels were filled to 74.24 percent on Tuesday, compared with a European average of 66.01 percent, data from Gas Infrastructure Europe showed.
Analysts at Point Carbon said they expected spot gas prices to move sideways as high withdrawals from storage were expected to balance higher forecasted consumption on Wednesday.
UK #Climate Change Risk Assessment - And the #green #energy agenda
Government publishes report with quantified risks and opportunities for Businesses
Last week (25 January 2012) the Government published a unique report listing the risks and opportunities businesses and the country as a whole will face from climate change. Entitled Climate Change Risk Assessment (CCRA) the report also calls for public responses.
The main objective of this report is to point out the risks and opportunities that global warming will cause in the UK and enable the government, local authorities, industry and civil society organisations to prepare in advance for the inevitable consequences.
#Solar panels subsidy was 'one of the most ridiculous schemes ever dreamed up', Lord Marland says
Lord Marland, an Energy minister, hit out at the cost of so-called feed-in tariffs, which the Government has axed as part of the cuts programme.
Last week Court of Appeal ruled that the sudden axing of the tariffs, which were brought in by the Labour Government on April 1 2010 under the Energy Act 2008, were unlawful.
Ministers are appealing that decision in the Supreme Court. If the Government loses its appeal, it will cost the taxpayer an extra £170million in subsidies.
In the House of Lords, Labour energy spokesman Baroness Smith of Basildon asked if it was a “good use of Government money to keep chasing this merry-go-round of court decisions the Government keeps losing”.
She added: “Wouldn't it be better to sit down with the industry and negotiate a way forward?” She said that everyone accepted there needed to be cuts to the tariff - which are worth £25,000 per household - but it had to be done in a way that protected jobs.
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