Monday , June 18 2018
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Energy

Third Energy fracking plan to be approved

Kirby Misperton

Third Energy’s application to hydraulically fracture an existing gas well at Kirby Misperton in north Yorkshire looks set to be given the go-ahead according to Nina Chestney at Reuters: “[A] report by the head of planning at North Yorkshire County Council was prepared ahead of a meeting of councillors due …

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UK Energy Act fails to win favour with industry

UK Parliament

The Energy Act 2016 was passed into law yesterday.  The Act – which is seen as an attack on renewable energy – is designed to promote further development offshore and onshore oil and gas in an attempt to arrest the sharp fall in output from the North Sea fields.  Secretary of …

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Is the UK ready for an energy transition?

Renewables

Faced with an uncertain energy future, Britain’s businesses are voting with their feet.  As we have reported on this site in recent days, supermarket giant Sainsbury’s is planning to generate all of its own energy from biogas, while confectionery manufacturer, Mars aims to operate all 12 of its UK plants …

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Pension funds exercise their energy muscle

Exxon Protest

Pension funds are putting pressure on ExxonMobil to start telling its shareholders how climate change will affect the oil giant’s business, according to Ben Walsh at the Huffington Post: “The California public employee pension fund and the New York City pension fund, which together manage $433 billion in investments, told …

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Energy firms are abandoning the Arctic

Backbone Campaign

Low oil prices and uncertainty over climate change policy is making an impact on energy companies in the Arctic, according to Helle Abelvik-Lawson at Greenpeace: “Shell, Eni, ConocoPhillips and Iona Energy have surrendered a total of 350 oil drilling leases covering more than 2 million acres of the Arctic Ocean.  …

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UK electricity grid crashed on Monday

Candle

British energy supplies fell below critical levels on Monday night as several UK power stations broke down, according to Kiran Stacey in the Financial Times: “Power prices jumped to £1,250 per megawatt hour at one point as the company that runs the UK’s electricity network rushed to make sure there …

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France discusses shale gas import ban

LNG Tanker

Following accusations of hypocrisy in the French media, energy minister, Segolene Royal is discussing with French parliament a potential ban on the import of U.S. shale gas. France has banned shale gas exploration using hydraulic fracking for environmental reasons.  However, this has not prevented French energy companies importing liquid natural …

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Mars turns green

Eneco wind farm North Sea

Mars is the latest company to choose to generate its own electricity rather than continue to rely upon the UK’s increasingly creaky National Grid.  Its deal with windfarm generator Eneco means that all 12 Mars plants in the UK will be powered by renewable energy.  Keith Findlay at Energy Voice …

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Bad energy news buried

Coal Power Station

Last week’s elections provided the government with an ideal opportunity to bury bad news.  Most obvious was the botched attempt to hide the U-turn over compulsory academy schools that took centre stage in George Osborne’s Budget.  Less obvious was the panicked announcement that £38 is to be added to everyone’s …

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