Domestic energy prices are expected to edge up again in the New Year, according to consultancy Cornwall Insight. The forecaster, which is widely regarded for its accurate predictions, said a household using a typical amount of gas and electricity would pay £1,736 a year from January. That would be a £17 a year, or 1%, rise compared with a current typical annual bill of £1,717, with prices forecast to stay
WASHINGTON (Reuters) – President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy. Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver. He is expected to support Trump’s plan to maximize production of oil and gas and to seek ways to boost
NexGen NexGen’s operation in Canada’s remote Athabasca Basin Uranium is making a comeback thanks to a renewed focus on nuclear energy as a climate crisis solution. Canada, rich with high-grade deposits, could become a nuclear “superpower”. But can its potential be realised? Leigh Curyer had been working in uranium mining for nearly two decades when he noticed a striking shift. In 2011, the Fukushima nuclear plant disaster in Japan badly
Siemens Energy shares soar on raised midterm targets, record order intake Source link
Simon Duffy Getting good advice on making your house more energy efficient is not easy says Simon Duffy When Simon Duffy gets another energy bill, his heart sinks. “It’s madly expensive,” he says. Mr Duffy lives in a traditional stone-walled detached house in Sheffield. He estimates that he spends £3,100 every year on heating and electricity. Despite being someone who cares about climate change, and keen to retrofit his property
BBC Smart meters enable people to monitor their electricity and gas use The way smart energy meters work in northern England and Scotland is causing issues for customers, BBC Panorama has been told. The body that represents energy companies, Energy UK, has confirmed for the first time there is a regional divide – because of the way meters send usage data back to suppliers. The technology used in the north
Investing.com — While North America and Europe have been reducing their reliance on coal for decades, emerging markets are still heavily dependent on it, note analysts at Wells Fargo (NYSE:). The bank said in a memo this week that China and India, now the world’s largest coal consumers, have seen their consumption surge, even as Western economies pivot toward renewable energy. Since 2005, coal use in North America and Europe has
