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British Gas residential profits down 11% amid customer exodus
British Gas owner Centrica said profits at its UK residential supply business fell 11% as it faced up to competition in the energy market. The drop in earnings to £553m came as it lost 409,000 customers over the course of… Continue reading
Flexible system needed to make UK renewables cost-effective
Britain needs a more flexible electricity system if it is to make intermittent renewable sources as wind and solar cost-effective, an independent research report said on Tuesday, as the government tries to hit emissions targets.
The UK Energy Research Centre… Continue reading
Energy – are you paying too much?
Npower, one of the ‘Big Six’ energy firms, has announced an increase in prices.
The company is to increase a typical dual fuel annual energy bill by an average of 9.8%, or £109.
This is made up of an… Continue reading
Warmest year yet likely to be 2016
Temperature data for 2016 shows it is likely to have edged ahead of 2015 as the world’s warmest year.
Data from Nasa and the UK Met Office shows temperatures were about 0.07 degrees Celsius above the 2015 mark.
Although the… Continue reading
Tidal lagoon project to be backed
Plans for a £1.3bn tidal lagoon in Swansea Bay will be backed in a government-commissioned review. Charles Hendry will publish his independent report into the viability of the renewable energy technology later, recommending the UK builds the lagoon to capture… Continue reading
Power plan unplugged without small firms
New research from the Federation of Small Businesses (FSB) warns the UK risks failing to meet its climate obligations without the help of small businesses.
FSB’s latest report, ‘The Price of Power: Energising small business in the next UK… Continue reading
Tips to make your home warmer
- Four out of ten of us are avoiding switching on the heating during colder spells due to fears about energy bills
- A third are reporting they can’t make their home as warm as they’d like
- Winter woollies are filling the… Continue reading
A tenth of small businesses generate own power
More than one in 10 small businesses now generates electricity on site, according to new figures that underscore the increasing shift towards localised power production in the UK.
The Federation of Small Businesses said that 12pc of its members… Continue reading
Solar Power Is Now The World’s Cheapest Energy
Electricity bills set to rise by £30 a year and power rationed amid shortage fears, MPs warn
Electricity bills could go up by £30 each year by 2020 and power “rationed” due to “mismanagement” of the UK’s electricity networks and the increasing cost of emergency supplies, MPs have warned.
The British Infrastructure Group, led by former Conservative… Continue reading