Investments, Finance, Power plants, Prices, Wood pellets, and Electricity
The article offers news briefs on investment and finance. Electric services company Centrica has planed to launch its Centrica Innovations venture which aims to support technology, services and innovations. Energy company Drax Group has planned to purchase two U.S. biomass pellet plants. European Union (EU) has awarded a cash to an interconnector between Norway and Scotland.
Public utilities, Emissions trading laws, Prices, Mergers & acquisitions, Electricity, and Drinking water
Presents news briefs on public utilities in Great Britain as of July 2005. Effect of the European Union's Emissions Trading Scheme on the electricity prices for medium-sized industrial users; Plan of corporate sector telecommunications operator Cable & Wireless regarding a possible acquisition of rival Energis; Information on the results of a study conducted by researchers at the University of East Anglia in England on the risk of drinking tap water.
Reports on the competition introduced by the British government through the creation of new electricity trading arrangements (NETA) in the electric industry of Great Britain. Effect of NETA on the prices of electricity; Impact of NETA on the condition of small generators; Modifications to trading rules involving electricity.
Compares the phase 1 and phase 2 of the European Union Emissions Trading. Role of the British draft National Allocation Plan (NAP) in creating incentives that will affect emissions and decisions about the closure and building of generating plant; Features of the draft NAP; Impact of the incentives to retain capacity on wholesale electricity prices.
Public utilities, Associations, institutions, etc., Consumers, Prices, and Electricity
Deals with the demand of the National Consumer Council (NCC) for a clear strategy to ensure all customers have affordable access to utilities. Incidences of cold-related winter deaths in Great Britain; Reasons for the decrease of prices in electricity and gas; Key findings from the research of NCC.
Electric utilities, Prices, Energy consumption, and Electricity
Reports on the power price rises imposed by major Finnish electricity suppliers in spring 2003. Reason for the rises; Complaint of Finnish consumers on the price rises; Area where Finnish consumers have begun to consider changing supplier; Increase in electricity consumption in Finland between 2001 and 2002.
Power resources, Taxation, Prices, and Electricity
Discusses the economic implications of the decrease in wholesale electric prices in Great Britain in April 2002. Reason for the decrease; Effect of the decision of the British Chancellor to freeze the cost of the Climate Change Levy at current levels; Outlook on the increase in the demand for green power, a pollution-free source of energy.
Electric utilities, Suppliers, Prices, Tariff, and Electricity
The article reports that household energy bills are expected to decline in Northern Ireland in response to low wholesale energy costs incurred by electricity and gas suppliers. The biggest gas retailer, Phoenix Supply, was the first to announce that it would lessen tariffs by 19 percent. Firmus Energy and NIE Energy will also lower bills.
Operating costs, Power plants, Water power, Investments, Prices, and Electricity
The article talks about the possibility that the rising operating costs of Denmark's coal-fired power plants could add up to 5 percent to Nordic electricity prices over the peak winter months. Norway, which is struggling to produce enough hydropower to satisfy peak winter demand, will once again be the chief customer for Danish coal-fired production. According to the Sweden's Department of Energy (DoE), the upward movement in prices reflects low investment in new power capacity in Sweden and Norway.
The article reports on the move by the Office of Gas & Electricity Markets (Ofgem) to launch an investigation into the electricity and gas consumption of domestic and small business markets in Great Britain. Ofgem chief executive Alistair Buchanan said the probe was in response to public concern about whether the market is working effectively. Ofgem's intervention will be carried out under its Enterprise Act powers and will involve an assessment of how European and global energy market developments are affecting prices in Great Britain.
Electric rates, Prices, Electricity, and Nuclear reactors
The article reveals that annual electricity prices in Great Britain tumbled in the second half of January on the back of a slide on oil, coal and gas markets. However, the downward momentum was interrupted by a significant rebound in international coal prices. Summer '08 power prices have also been better supported than other periods, amid fears that supplies may be constrained by extended nuclear plant outages. Another key uncertainty offering support to the Summer '08 contract is the continuing outages at the Hartlepool and Heysham nuclear reactors.
Energy industries, Prices, Coal gas, Electricity, and Legislators
The article reports on the move of the Business, Enterprise and Regulatory Reform Committee to conduct a full-scale inquiry into the structure of the energy market to address parliamentary concern about gas and electricity prices. The all-party group of members of parliament (MP) will consider, among other issues, whether the current market structure has encouraged effective competition in the retail markets and if there is evidence of effective competition in the wholesale energy markets.
The article reports that the electricity prices of Great Britain have fallen back due to mild weather, the end of strikes in France, and increased gas supplies from Norway. It is stated that longer-term prices are fractionally lower than where they were in mid-November 2007, having arced higher with oil prices. The monthly review of British wholesale energy prices is produced in association with "Market Pulse," a publication from Spectron.
Energy industries, Prices, Power resources, Electricity, and May Day
The article presents news on the energy sector of Great Britain. Short-term electricity prices have fallen to their lowest level since September 2003, with Weekend prices dropping as low as £16/megawatt hour in the face of an ample supply margin and slumping cross-channel demand due to the 2007 May Day holiday across much of Europe. The upcoming energy white paper will indicate the government's policy on ensuring the country has sufficient access to strategic gas.
The article reports that Sweden's practice of restricting exports of electricity in order to maintain a single price zone in the country has cost Danish consumers more than €110 million. Danish transmission system operator Energinet.dk wants the Danish government to lobby the European Commission to force Sweden to alter its methods of congestion management. The Commission told Energinet.dk in December 2006 that it would address the issue and deliver a resolution by March 2007.
Public utilities, Prices, Emissions (Air pollution), Petroleum product sales & prices, Electricity, and Carbon dioxide
The article presents updates on public utilities in Great Britain. Customers of Eon UK will see prices reduce by 16 percent for gas and 5 percent for electricity. Revamped online energy supplier Utilita has launched its carbon-neutral, dual-fuel and domestic energy tariff Planetsaver which offsets carbon dioxide emissions from gas with Climate Care.
Prices, Energy industries, Electricity, and Newspaper headlines
The article reports on the increase in electricity prices as a result of headlines warning of an impending energy prices in Great Britain in winter 2005. The power price rose in the first quarter of 2006 due to strong buying from panicked end users. Prices beyond the first quarter of 2006 were generally unaffected.
Electric rates, Prices, Power resources, Electricity, and Electric power
Provides information on the trend in prices of electricity across Europe in October 2005. Decline in wholesale contract price of electricity in December 2004; Comparison of the average energy prices settled in February 2005 with those in August 2005; Strategy used by consumers in buying electricity.
The article reports that the present system employed by Nord Pool to set electricity prices does not satisfy the demands of the Nordic marketplace in Northern Europe in 2005. The market price of electricity at Nord Pool is decided by coal-fired power. Pohjolan Voima Oy CEO Timo Rajala mentioned that the situation means higher prices for consumers and commented that the system is out of date and needs to be changed.