• UK Car Owners Face New Road Taxes To Make Up Lost Tax From Electric Cars

    • Date: 26/06/17
    • The Times

    A national system of road tolls should be introduced to meet a £170 billion shortfall in fuel tax over the next 13 years, a think tank has told ministers. Researchers say that an increase in the number of electric cars will lead to a drop in sales of petrol and diesel, on which tax is […]

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  • Hinkley Nuclear Deal ‘Cost Public £15Billion More Than It Should Have’

    • Date: 23/06/17
    • Ben Webster, The Times

    The government’s deal for a new nuclear power station at Hinkley Point has “locked consumers into a risky and expensive project with uncertain strategic and economic benefits”, according to a damning report by the National Audit Office. Households will be forced to pay for Hinkley’s power via energy bills for 35 years and the total […]

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  • Britain’s Dependence On Russian And Norwegian Gas Increasing

    • Date: 21/06/17
    • Bloomberg

    Already buffeted by political chaos at home and abroad, the U.K. gas market must now operate without its biggest stabilizing force: the giant Rough gas storage facility under the North Sea. The planned permanent shutdown of the Centrica Plc site, able to meet 10 percent of peak demand in winter, means Britain is becoming even […]

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  • UK Shale Industry Gaining Momentum: IGas

    • Date: 17/06/17
    • Kallanish Energy News

    The UK shale industry is gaining momentum as oil and gas explorers Cuadrilla and Third Energy also move closer to drilling their wells, IGas Energy’s CEO Stephen Bowler said on Wednesday in an update to the market. The executive noted that IGas continues to move its shale work program forward, with three wells having received […]

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  • New Climate Minister: ‘Bill Payers Must Pay For Low Carbon Transition’

    • Date: 14/06/17
    • Utility Week

    The government’s newly appointed climate change minister has backed bill payer subsidies for the shift to low carbon power generation. Claire Perry was appointed climate change minister yesterday following Nick Hurd’s move to the Home Office as Theresa May continued her post-election reshuffle of the Cabinet. The government announced yesterday (June 12) that Perry, who […]

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  • US Shale Revolution Makes Fracking A Must For UK Industry

    • Date: 14/06/17
    • Anthony Hilton, London Evening Standard

    A post-Brexit Britain is going to have to exploit every source of wealth to stay afloat. In this, energy costs are key because you can’t make anything without energy. That means fracking whether people like it or not. Ineos is one of Britain’s leading chemicals companies with $55 billion (£43 billion) of assets, 18,600 employees […]

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  • Britain Faces Standstill On Energy And Climate Policy

    • Date: 13/06/17
    • Bloomberg

    The U.K.’s search for 100 billion pounds ($127 billion) to maintain electricity supplies is likely to become tougher after the Conservative government lost its parliamentary majority in an election last week. Prime Minister Theresa May, who is leading a minority government, will need to focus more than ever to get consensus from lawmakers on Britain’s […]

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  • Michael Gove Returns To UK Government As Environment Secretary

    • Date: 11/06/17
    • The Sun

    Michael Gove has made a sensational return to Government this evening after being appointed Environment Secretary by Theresa May. A weakened Prime Minister has invited her long-time enemy back into to the Cabinet in a desperate attempt to cling on to power following Thursday’s disastrous election result. Michael Gove has made a sensational return to […]

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