Updated News content will be published here regularly
Energy Prices
Wholesale electricity markets have fallen to £80 per MWh after reaching their highest price in recent years of £90 per MWh.
For further details and assistance in purchasing contact us.
Wholesale Electricity Prices 2005-2008
Oil prices LATEST
Oil prices fall to $110 per barrell after reaching a high of nearly $150 in July this year. Earlier in the week oil prices did climb to $115 as tropical storm Fay swept closer to the Gulf of Mexico, posing threats to oil and gas supplies. However, analysts said the rising US dollar and news that Russia would begin withdrawing troops from Georgia, a key supply route to Europe, could curb any gains in the oil price.
E.ON looks at £300m investment to build Britain's largest biomass plant
E.ON, the energy company whose plans for Britain's first new coal-fired power station for more than two decades have sparked fierce protests, said yesterday it was considering a £300m investment in building one of the country's biggest biomass power plants. The company said it wanted to construct the 150 megawatt plant at the port of Bristol as part of its multimillion-pound investment programme in a range of generating technologies.[Source Guardian Environment]
Each Briton uses 4,645 litres a day when hidden factors are included
The scale of British water consumption and its impact around the world is revealed in a new report today, which warns of the hidden levels needed to produce food and clothing. The UK has become the sixth largest net importer of water in the world, the environment group WWF will tell a meeting of international experts in Stockholm, with every consumer indirectly responsible for the use of thousands of litres a day. Only 38% of the UK's total water use comes from its own resources; the rest depends on the water systems of other countries, some of which are already facing serious shortages.
A.N. Other Headline
Scottish Businesses benefit from water competition
Water Competition
All UK households and businesses should be able to choose their water and sewerage supplier in the same way they have the option of choosing their gas, electricity or telephone provider, the water industry's watchdog has said.
OFWAT said the change could promote innovation, efficiency and lower prices, as well as minimising the adverse impact of the industry on the environment. The change should be introduced step-by-step, starting with business customers, to allow competition to "prove itself", the watchdog said.
At present, business customers with high water use (50+ megalitres a year) are already eligible to benefit from a competitive market.
OFWAT chief executive Regina Finn said: "We propose that more of the market is opened progressively, starting with all business customers. In time households could be able to choose their water supplier, when the market is ready and safeguards are in place. Competition will drive benefits such as greater responsiveness to customers' needs, innovative approaches to adapting to climate change and downward pressure on costs. Competition can also help respond to the environmental challenge of water scarcity, which the Government highlighted in its water strategy".
The recommendation was welcomed by the Water Industry Commission for Scotland (WICS), which oversaw the opening up of competition to business customers and public sector bodies in Scotland on April 1.
Alan Sutherland (CEO – Water Industry Commission for Scotland) said: "Competition was long overdue and we are leading the world by being the first country to introduce competition to its water sector. For us, the launch on 1 April meant the end of 'one size fits all' water provision".
Tesco Launches “Carbon Label” trials
Tesco in partnership with the Carbon Trust have launched their new labelling scheme that will allow shoppers full Carbon Footprint transparency on a range of four products, these being potatoes, orange juice, washing detergents and light bulbs. The scheme will allow comparisons to be made within the product ranges to allow consumers the opportunity to choose the greenest option. The labels show the three main areas of the lifecycle including product preparation, product use, and product waste
ABLE Book published
August 2008 sees the launch of the new and improved monthly newsletter from Utility Forum that will provide readers with an informed and impartial view on UK energy markets. Various topics will be covered from wholesale market prices to the latest in energy saving devices together with handy hints and tips to reduce your Carbon Footprint.
The ABLE newsletter is a free subscription and all that is required is to email your details through to us (on the contact page) and your newsletter will be delivered in PDF format every month.
Energy Prices
Wholesale electricity markets have fallen to £80 per MWh after reaching their highest price in recent years of £90 per MWh.
For further details and assistance in purchasing contact us. Oil prices fall to $110 per barrell after reaching a high of nearly $150 in July this year. Earlier in the week oil prices did climb to $115 as tropical storm Fay swept closer to the Gulf of Mexico, posing threats to oil and gas supplies. However, analysts said the rising US dollar and news that Russia would begin withdrawing troops from Georgia, a key supply route to Europe, could curb any gains in the oil price. E.ON, the energy company whose plans for Britain's first new coal-fired power station for more than two decades have sparked fierce protests, said yesterday it was considering a £300m investment in building one of the country's biggest biomass power plants. The company said it wanted to construct the 150 megawatt plant at the port of Bristol as part of its multimillion-pound investment programme in a range of generating technologies.[Source Guardian Environment] The scale of British water consumption and its impact around the world is revealed in a new report today, which warns of the hidden levels needed to produce food and clothing. The UK has become the sixth largest net importer of water in the world, the environment group WWF will tell a meeting of international experts in Stockholm, with every consumer indirectly responsible for the use of thousands of litres a day. Only 38% of the UK's total water use comes from its own resources; the rest depends on the water systems of other countries, some of which are already facing serious shortages. Water Competition Tesco in partnership with the Carbon Trust have launched their new labelling scheme that will allow shoppers full Carbon Footprint transparency on a range of four products, these being potatoes, orange juice, washing detergents and light bulbs. The scheme will allow comparisons to be made within the product ranges to allow consumers the opportunity to choose the greenest option. The labels show the three main areas of the lifecycle including product preparation, product use, and product waste August 2008 sees the launch of the new and improved monthly newsletter from Utility Forum that will provide readers with an informed and impartial view on UK energy markets. Various topics will be covered from wholesale market prices to the latest in energy saving devices together with handy hints and tips to reduce your Carbon Footprint. Wholesale Electricity Prices 2005-2008
Oil prices LATEST
E.ON looks at £300m investment to build Britain's largest biomass plant
Each Briton uses 4,645 litres a day when hidden factors are included
A.N. Other Headline
Scottish Businesses benefit from water competition
All UK households and businesses should be able to choose their water and sewerage supplier in the same way they have the option of choosing their gas, electricity or telephone provider, the water industry's watchdog has said.
OFWAT said the change could promote innovation, efficiency and lower prices, as well as minimising the adverse impact of the industry on the environment. The change should be introduced step-by-step, starting with business customers, to allow competition to "prove itself", the watchdog said.
At present, business customers with high water use (50+ megalitres a year) are already eligible to benefit from a competitive market.
OFWAT chief executive Regina Finn said: "We propose that more of the market is opened progressively, starting with all business customers. In time households could be able to choose their water supplier, when the market is ready and safeguards are in place. Competition will drive benefits such as greater responsiveness to customers' needs, innovative approaches to adapting to climate change and downward pressure on costs. Competition can also help respond to the environmental challenge of water scarcity, which the Government highlighted in its water strategy".
The recommendation was welcomed by the Water Industry Commission for Scotland (WICS), which oversaw the opening up of competition to business customers and public sector bodies in Scotland on April 1.
Alan Sutherland (CEO – Water Industry Commission for Scotland) said: "Competition was long overdue and we are leading the world by being the first country to introduce competition to its water sector. For us, the launch on 1 April meant the end of 'one size fits all' water provision".
Tesco Launches “Carbon Label” trials
ABLE Book published
The ABLE newsletter is a free subscription and all that is required is to email your details through to us (on the contact page) and your newsletter will be delivered in PDF format every month.
