In the latest of our guest blogs, Peter Franklin, Director of energy consultancy Enstra Consulting tackles the efficiencies of energy generation. Is wasting energy really the best policy? 65% of the energy that goes into a typical gas or coal-powered power station is lost during the generation process. This isn’t just a waste of precious […]
Five ways to make business energy-efficient
Save money on your business energy bills with our simple energy saving tips. As business energy costs continue to rise it’s never been as important to make your business more energy-efficient. There’s a wide range of energy efficiency measures you can take, and some cost nothing at all and can be implemented straight away. Below are our […]
Energy tariff reforms called into question
The Big 6 energy suppliers have attacked proposed reforms of the domestic energy market, claiming that consumers could be left paying more. Ofgem, the energy regulator, plans to cut the number of tariffs energy suppliers can offer customers and wants to encourage switching. It hopes the changes will make the domestic market “simpler, clearer and […]
Gas prices experience ‘super-spike’
A technical fault with the UK-Belgium gas interconnector pipeline last week lead to gas prices experiencing what traders are referring to as a ‘super-spike’. The last thing UK businesses need right now is further cost and uncertainty. Business energy prices are sure to feel any pain first. Indeed, this brings further bad news for large industry consumers […]
George Osborne commits to shale gas
The Chancellor of the Exchequer outlined his commitment to shale gas during his annual Budget. Speaking to the House of Commons yesterday, George Osborne said that he would introduce a “generous new tax regime” for shale gas, as part of his 2013 Budget. “I want Britain to tap into new sources of low-cost energy like shale gas,” said the […]
What Is The Price Of Energy?
by Lisa Waters Economist Lisa Waters takes a look at the current state of the UK energy industry… There seems to be a rather odd row appearing where the energy experts try to outdo each other in telling us how bad things are getting on the energy security front. First we had out going energy […]
Government backs Ofgem’s energy reforms
The Government has backed Ofgem’s plans to simplify the energy market and introduce fines for practices such as contract rollover. Prime Minister David Cameron said: “The package announced today is a huge step towards energy bills that are more fair for everyone. This is about putting people before profits. “Our aim is that consumers will […]
Ofgem boss warns of higher energy prices
Energy prices are set to increase, as the UK becomes increasingly dependant on imports, warns regulator. Energy regulator Ofgem has warned consumers and businesses that it expects energy prices to rise, as ageing power stations are closed and Britain becomes more reliant on imported gas. Ofgem chief executive Alistair Buchanan, writing in The Daily Telegraph, said: “We […]
A quarter fail to embrace energy efficiency
SME Businesses Not Taking Action Energy efficiency measures have still not been implemented by a quarter of small and medium-sized businesses (SMEs), according to new RWE npower research. The survey of more than 500 SMEs across the UK showed just four out of ten (41%) viewed energy efficiency as a key priority. It also found […]
Ofgem wants more powers to protect UK businesses
Energy regulator Ofgem has called for more powers from the Government to tackle the mis-selling of energy. It is seeking powers to take direct action against ‘rogue’ brokers that mis-sell energy to businesses, and are planning to review energy suppliers’ use of automatic rollover contracts. The regulator is also developing a code of practice for brokers, which it hopes […]