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Nigel Cornwall presented to a recent GDF Energy customer event on the new CRC. Nigel's presentation can be found here, as well as our primer.
News update
The government plays down reports it may give families £150 towards fuel bills, and it says any aid will be announced in the autumn Pre-Budget Report. Centrica is reportedly planning a £4bn cash sweetener for the government's stake in British Energy, but EDF is said to remain at least the government’s preferred suitor. Ofgem issues a regulatory impact assessment relating to a change to electricity cash-out prices, saying the Authority is minded to approve a new accounting methodology. Crude oil falls below $115/bl for the first time since May. read more of Monday 11 August...
Scotland’s renewables policy comes under attack from business groups who challenge whether the 50% 2020 renewables target is achievable. The British Chamber of Commerce says UK businesses need help in dealing with energy companies. Crude falls again on fears of a prolonged US economic slump. read more of Tuesday 12 August...
British Energy posts a sharp fall in first quarter 2008-09 adjusted EBIT due to lower nuclear output and higher costs. It also confirms takeover talks continue and reiterates its commitment to new nuclear build. Media reports suggest a decision on E.ON UK’s proposals for a new coal plant at Kingsnorth is unlikely before October. Opec are rumoured to be considering cutting back oil supplies at its September meeting in the wake of the fallback in the price of oil. read more of Wednesday 13 August...
The Bank of England governor says recent increases in retail gas and electricity prices will push inflation to 5% in the coming months. E.ON posts a 6% rise in first half adjusted EBIT, while profits at its UK operations fall 24% on lower retail margins and currency issues. Meanwhile, RWE reports an 8% drop in operating results for the first half on a weaker performance in energy trading, while RWE Npower figures are down 3% also on lower margins. read more of Thursday 14 August...
International Power’s second 500MW unit at its Rugeley coal plant is offline following recommissioning problems with the cause under investigation. ConocoPhillips announces it has secured local consents for a new 800MW CHP plant at Teesside. Crude heads for a second weekly decline as the stronger dollar diminishes the appeal of commodities as an inflation hedge. read more of Friday 15 August ...
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In the rest of this news section
Our March course was again fully booked and we received a score of 4.5/5 for overall quality. The next course is being held on 21-22 October 2008. Multi-bookings qualify for a discount. Click the header for more details.
Our next course is being held on 8 October 2008. Our July course was fully booked and received a score of 4.4/5 for overall quality.
The next meeting of the Energy Supplier Forum is on 17 September. Further information about the forum can be found on its website, together with presentations and details of the Energy Supplier Awareness Forum held in June.