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Wales’ Politicians must act on 2 gigawatt energy loss

Power Station by Martin Kelly

A little known – but costly – fact about your electricity bill is that around 20 percent of what you pay is determined by where you live.  This is because energy companies charge customers according to the distance between their home and the power station; this allows the cost of …

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Has the oil glut morphed into something else?

Petrol storage

Following the collapse of the Doha talks to freeze oil production, many analysts had expected oil prices to fall.  In the end, prices remained fairly stable – although still a long way short of their 2014 peak.  One reason why this might have happened is that the oil glut has moved …

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Renewable energy bankruptcies begin

Solar installation

The end of the 2015/16 financial year has seen a wave of insolvencies in the renewable energy sector according to the Yorkshire Post.  The wave of bankruptcies and redundancies are directly attributable to the UK government’s decision to scrap subsidies and impose new taxes on the industry: “According to the …

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Centrica u-turns on renewables

California Turbines

Centrica – the parent company of British Gas – has made a u-turn on its approach to energy generation according to Emily Gosden at the Telegraph. Previously, Centrica’s manifesto for cutting wind farms in favour of more large gas-fired power stations helped to inform the current UK energy policy.  However, …

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The end of coal?

Open Cast

The collapse of Peabody – the world’s largest private coal corporation – may speed the transition to renewable electricity generation according to Claudia Assis at Market Watch: “Since 2010, more than a third of coal-fueled power plants have been retired or are scheduled to be retired, and the market for …

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