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UK regulator introduces tough controls aiming to cut energy bills.

FT: “UK energy regulator Ofgem has outlined tough annual price controls for power distributors that it claims will cut £2.1bn from customer bills – equivalent to £11 per household – and increase compensation for extended power outages.”… Read-more
Posted in Coal, Gas, Nuclear Tagged with: , , , ,

One of three UK emergency power plants fails output test.

FT: “One of the three power stations being paid by National Grid to come online in an emergency this winter has failed a test run, heightening concerns over the reliability of Britain’s creaking, accident-prone electricity system.”… Read-more
Posted in Coal, Gas, Nuclear Tagged with: , ,

China climate pledge would require 50,000 solar farms.

Bloomberg: China, which does nothing in small doses, will need about 1,000 nuclear reactors, 500,000 wind turbines or 50,000 solar farms as it takes up the fight against climate change.”… Read-more
Posted in Clean Energy, Climate, Nuclear Tagged with: , , , ,

Areva financial crisis means Hinckley Point may never happen.

Guardian: “The future of the Hinkley Point C nuclear plant in Somerset is under a cloud amid a financial crisis at Areva, a shareholder in the project and the designer of the proposed reactors.… Read-more
Posted in Nuclear Tagged with: , ,

Ten years of watching unrealistic scenarios in IEA World Energy Outlooks.

David Macleod for Resilience: “The International Energy Agency (IEA) is the energy watchdog of the industrial world. The developed nations of the world were caught off guard by the oil crisis of 1973.”… Read-more
Posted in Clean Energy, Climate, Coal, Finance, Gas, Nuclear, Oil

French government ousts pro-nuclear boss of EDF.

Reuters: “President Francois Hollande ousted the pro-nuclear boss of France’s main power utility EDF on Wednesday, replacing him with the head of defence electronics firm Thales a day after a new pro-renewables policy became law.”… Read-more
Posted in Nuclear Tagged with: , , ,

UK renewables companies consider Hinkley EC legal challenge.

Guardian: “Independent energy supplier Ecotricity is among companies and organisations considering a legal challenge against the European commission decision to give the approval for the Hinkley Point C nuclear plant.”… Read-more
Posted in Commentaries, Finance, Nuclear Tagged with: , ,

France to cut nuclear’s share of power market to 50% by 2025.

Platts: “France’s lower house of Parliament voted Friday to cut nuclear’s share of the power generation market to 50% by 2025, from 75%, the AFP Parliamentary newswire reported.”… Read-more
Posted in Nuclear Tagged with: , ,

Japan’s utilities turn on solar, threatening industry’s prospects.

Bloomberg: “After spending almost $30 billion on solar energy in a single year and installing as many panels as exist in the whole of Spain, Japan is preparing to ratchet back its boom in photovoltaic power. At least five of the nation’s utilities are restricting the access of new… Read-more
Posted in Clean Energy, Coal, Gas, Nuclear Tagged with: ,

Drilling rig numbers hit in a new record in the US as oil search spreads.

Bloomberg: “Rigs targeting oil in the U.S. surged to a record as drillers ventured outside the nation’s biggest basins to search for crude in developing plays such as the South-Central Oklahoma Oil Province, known as SCOOP.”… Read-more
Posted in Nuclear, Oil Tagged with: , , , ,

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