Inenco News

Man Made Island in North Sea

Fri, 21 Nov 2008 19:42:04 +0000

From The Times, 10 Novemeber 2008.

A man made island in the North Sea is being planned the island will provide two million Dutch homes with hydroelectric power. The island would provide back up to wind farms ensuring a constant flow of power even if the wind drops, measuring 6km by 4km and surrounded by dykes to draw in the sea water to generate power the island will likely cost Dutch firm Kema £2.5 billion to build.

Read full article

Increase in Generation Needed

Fri, 21 Nov 2008 19:42:04 +0000

From The Times, 10 Novemeber 2008.

A large increase in electricity generation is needed if the government is to achieve it carbon reduction target according to Lord Turner and a new report published today. Lord Turner said that the construction of new coal-fired power stations should be banned in Britain unless their carbon dioxide emissions could be captured for safe storage. That recommendation is likely to represent a blow for E.ON, the German energy company, which wants to build a coal-fired plant at Kingsnorth, Kent. His comments contrast with the economic problems facing Britain's renewable energy industry, which is struggling to deal with the impact of the credit crunch and the collapsing price of oil on world markets.

Read full article

UK May Miss Renewables Target

Fri, 21 Nov 2008 19:42:04 +0000

From The Times, 29 October 2008.

The UK's target for renewables may be missed if the National Grid doesn't make it easier for renewable generators to connect to the grid. An upgrade is currently underway but as sources of renewable power are usually further away from population or at sea they are far from existing infrastructure. It is suggested that by changing the remit of Ofgem, the National Grid would be able to build the infrastructure before the generators, reducing the time gaps before connection and input to the grid.

Read full article

Britain - World's largest Offshore Wind Generator

Fri, 21 Nov 2008 19:42:04 +0000

From The Edie News Centre, 23 October 2008

Britain has overtaken Denmark, as the world’s largest off shore wind generator. Gordon Brown announced that the UK's wind generation capacity has passed the three-gigawatt mark when speaking at the British Wind Energy Associations Conference on Tuesday. According to Brown the North Sea will become to offshore wind what the Gulf of Arabia is to oil production.

Read full article

Businesses Struggle as Energy Firms stop bidding for contracts

Fri, 21 Nov 2008 19:42:04 +0000

From The Times, 22 October 2008,

Eon has stopped bidding for new industrial customers and British Energy and BizzEnergy are only renewing existing customers contracts. This is reportedly due to large fluctuation in energy prices plus energy companies are concerned about their customer going bust in the current economic climate. This is causing some large firms to struggle and forcing them to pay on the spot short-term prices which are usually much more expensive.

Read full article

Abu Dhabi buy 20% of London Array

Fri, 21 Nov 2008 19:42:04 +0000

From The Times, 16 October 2008,

A twenty percent stake in the London Array wind farm has been taken up by Abu Dhabi’s green investment scheme Masdar. The group are reportedly paying a multimillion-dollar fee for half of Eon's share in the offshore project.

Read full article

EDF May Try to Avoid Enquiry

Fri, 21 Nov 2008 19:42:04 +0000

From The Times, 13 October 2008,

EDF is to consider selling the coal fired power station at Eggborough in order to clear competition issues. The French company is said to believe that by selling the station or auctioning the generation capacity to other companies they will be able to avoid an inquiry regarding the worries that their deal on British Energy may push up prices and be harmful to customers.

Read full article

New Threat to Kingsnorth

Fri, 21 Nov 2008 19:42:04 +0000

From The Tinmes, 10 October 2008.

The European Parliament has backed new laws, which would force power companies to pay for all C02 emissions as of 2013. The scheme which may cost the power industry around £23 billion also casts doubts about E.ON's plans for a coal fired station at Kingsnorth. This will come as a blow to labour as at last months conference John Hutton has said “no coal . . . equals no lights. No power. No future.”

Read full article

Sterns says recession may boost green investment

Fri, 21 Nov 2008 19:42:04 +0000

From The Guardian , 7 October 2008.

According to Lord Stern the economic downturn may benefit the green agenda, the crisis could be used to help promote investment into efficiency measures and clean generation. He argued that there are more incentives to invest in green at the moment as due to recession and high oil prices spending on renewables could well be a lucrative investment and may boost enough growth to stimulate the economy.

Read full article

Watchdog says Market is Unfair

Fri, 21 Nov 2008 19:42:04 +0000

From The Times, 7 October 2008.

Ofgem the energy watchdog has said that the energy market is in urgent need of reform, although the regulator has found no evidence of collusion they did feel that British consumers were being treated unfairly.

The report highlighted rural areas of Scotland and Wales as being treated worst as they can be forced to use expensive alternatives to gas such as heating oil or liquid petroleum gas (LPG). A Representative from Age Concern has added that the report clearly shows that the "Energy market is not working for the poorest customers".

Read full article

Drastic Action Required to Stop Global Temp Rise

Fri, 21 Nov 2008 19:42:04 +0000

From The Guardian, 1 October 2008.

According to the MET office the world needs to take drastic action in order to reduce greenhouse pollution and avoid a possible global temperature rise of 2C. A recent study shows the only way to avoid the global temperature rise is to cut global emissions by at least 3%, the study looks at various ways to reach the target from "early and rapid" to "late and slow".

Read full article

EDF Get to Sit on Sites Until 2011

Fri, 21 Nov 2008 19:42:04 +0000

From The Times, 26 September 2008.

Competitors of EDF energy (who recently bought British Energy) are apparently furious as a condition of the deal allows EDF to keep the sites it has agreed to sell to competitors until 2011. EDF's competitors have complained that this will have a marked effect on the UK Nuclear market.

Read full article

Renaissance in Nuclear Power

Fri, 21 Nov 2008 19:42:04 +0000

From The Guardian, 22 September 2008.

John Hutton has today announced that Britain needs a "renaissance in nuclear power" and coal continues to be of import for generation. The speech given this morning at the Labour Party Conference in Manchester counters the conservative stance on coal-powered stations and highlights the labours parties’ perception that Cameron maybe be vulnerable to energy and oil prices.

Read full article

Sustainability is Key in Branding

Fri, 21 Nov 2008 19:42:04 +0000

From Businessgreen.com , 19 September 2008

According to a report looking at brand image it is becoming almost impossible for a firm retain a strong brand image without having a credible sustainability strategy. Although it is difficult to gauge how socially responsible firm are, the top ten of the reports 100 brands are all ahead of the curve with spending and promoting sustainability.

Read full article

Uk to hold 1st EU ETS Auction

Fri, 21 Nov 2008 19:42:04 +0000

From News Distribution Service, 18 September 2008.

The Exchequer Secretary Angela Eagle today announced the UK will hold an auction of carbon allowances on the 19 November 2008. This will be the first auction of the allowances under the EU Emissions Trading Scheme (EU ETS) in the whole of Europe. Ms. Eagle was quoted "The UK is leading the way across Europe in efforts to cut carbon emissions and ensure companies work now to put in place the long term solutions to tackle climate change. Auctioning carbon allowances will create greater incentives for companies to reduce emissions and provide stability and transparency in this emerging market."

Read full article

Vattenfall Sets Sights on UK

Fri, 21 Nov 2008 19:42:04 +0000

From The Times, 14 September 2008

Vattenfall a large Swedish power company has set it's sights on Britain. The company is said to be considering placing a bid on Scottish and Southern Electricity, Lars Joseffson the Chief Executive of Vattenfall believes "we can add competition to the UK".

Read full article

Oil at $100 a barrel

Fri, 21 Nov 2008 19:42:04 +0000

From The Times , 9 September 2008.

Oil prices has fallen below the $100 mark. Opec has decided to reduce supply by 520,000 barrels. Most analysts expected the cartel to keep output at a similar level as present although some producers such as Saudi Arabia are producing above their quota. The cartel is set to meet again on the 17th December in Algeria.

Read full article

'Electrosmog'

Fri, 21 Nov 2008 19:42:04 +0000

From The Independent , 9 September 2008.

Mobile phones, wi-fi networks and power lines are contributing to ‘electrosmog’, which are causing birds and bees to lose their bearings and eventually die. Animals have often relied on the earth electro magnetic fields in order to navigate now with new man made fields they are being confused. In some instances bees exposed to power lines have killed each other and their young. However the Mobile Operators Association has described the link between networks and animal behaviour as nonsense.

Read full article

Scotland's Generation Gap

Fri, 21 Nov 2008 19:42:04 +0000

From The Times, 7 September 2008

Scotland may face a generation gap the size of three power stations by 2025 according to British Energy. The Scottish Government have dismissed the claims as nonsense and that Scotland was well on it's way to becoming the renewable energy capital of Europe.

Read Full article

Gustav Misses Refineries

Fri, 21 Nov 2008 19:42:04 +0000

From The Finacial Times, 2 September 2008.

Crude oil prices have fallen to a five month low of $105.46 per barrel as hurricane Gustav only caused minor damage to the oil refineries of the gulf coast. The production of 1.3 million barrels a day by the gulf refineries was halted before the storm the hurricane hit the region as a category two hurricane, rather than as a category four as initial feared limiting the damge casused.

Read full article

Urban Wind Turbines

Fri, 21 Nov 2008 19:42:04 +0000

From The Times, 2 September 2008.

A South Wales factory will be producing thousands of urban wind turbines after investment from German Energy firm RWE. The firm has bought a £6 million stake in Quiet Revolution who produce turbines suitable for the urban landscape. Quiet Revolution already supplies turbines to M&S and many apartment buildings. The design is a vertical mill similar in shape to the triple helix and is more suited to that city than traditional propeller turbines.

Inenco News

Man Made Island in North Sea

Increase in Generation Needed

UK May Miss Renewables Target

Britain - World's largest Offshore Wind Generator

Businesses Struggle as Energy Firms stop bidding for contracts

Abu Dhabi buy 20% of London Array

EDF May Try to Avoid Enquiry

New Threat to Kingsnorth

Sterns says recession may boost green investment

Watchdog says Market is Unfair

Drastic Action Required to Stop Global Temp Rise

EDF Get to Sit on Sites Until 2011

Renaissance in Nuclear Power

Sustainability is Key in Branding

Uk to hold 1st EU ETS Auction

Vattenfall Sets Sights on UK

Oil at $100 a barrel

'Electrosmog'

Scotland's Generation Gap

Gustav Misses Refineries

Urban Wind Turbines

Hurracane Gustav Pushes up Oil Prices

Windfall Tax Would be Paid by Public

Robin Hood Tax on Oil Companies

Eon's Biomass Plant Plans

Ireland's Potential for Marine Power

British Stockpile of Nuclear Fuel

Wind power may cost UK 6 billion

Update on Water Price Rises

Banks face Boycotts

Water Prices Set to Rise

Will the Beijing Olympics be Green or Grey?

Nuclear Generation at Lowest Since 87

Fresh Price Rise Fears

Will Briton Subsidise French Energy Users?

Oil Price Fall

Wind Power from Kites

New Pylons to Carry Wind Power

Centrica & British energy

Tax Energy Companies

EDF Drops Out

1 billion Profit for Centrica

Britain is Lagging Behind on AD

Ukraine Politics Affects UK Gas Price

BP Record Profits

Windfall Tax on Utilities?

Scientists Request Carbon Capture

MPs Accuse Big 6 of Over Charging

Oil & Gas Under the Ice

EDF ups Prices

UK Gov accused of obstructing EU Efforts

Centrica Purchase SPE

Britsih Energy & EDF - Closer to a deal

Eon and Dong save London Array

Europe's Largest Wind Farm

Skills Shortage in Nuclear Industry

Why are Gas Prices So Affected by Oil?

UK's First Underwater Turbine

Auction of UK Renewable Generation

Limited Gas Storage Means UK is Vunerable

British Power Exchange unlikely in 2008

Government Pledge Investment in AD

Royal Dutch Shell Buys Duvernay

8 New Nuclear Stations

Round up from G8

Carbon highest Prices in 25 Months

MEP Decision on Gas Market

Reduction in British Energy Output

Oil Price Falls

Centrica Buys Gas Fields in Norway

New Report into C02 Shows Opposite to Current Figures

News from G8 Summit

British Gas to Increase prices

Nuclear power to aid inflation woes

Flat screen TV could be worse for the environment than Coal

New Energy suppliers offer USP

EON scales down Wind Farm Plans due to Noise

Alistair Darling - The Price of Oil is becoming a Real Problem

Energy Effciency - Weakest Link