Energy Production

With 2011 proving to be a particularly turbulent year for worldwide energy prices, heads are now turning to what to expect in 2012.

With civil unrest in the Middle East unlikely to ease, mixed with increased export capabilities, wholesale prices are expected to fluctuate heavily. European leaders look likely to impose an oil embargo on Iran, with Tehran warning of rising tensions and likely retaliation.

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Npower’s continued inability to contribute to the coffers of parent RWE looks likely to move them up the cost saving and asset disposal list.

As RWE struggle to come to grips with the phase-out of nuclear energy in 2022, net debt of over £24 billion, a less than anticipated return on a recent share sale, loss-making long-term gas deals and its failure to setup a joint venture with Gazprom for the takeover of all European generation including the UK, it doesn’t bode well.

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Is the last minute attempt by Friends of The Earth and two solar installation companies going to ‘Save the Solar Industry?’

The Friends of the Earth is urging the Government to get a grip on the urgent need to invest in the UK’s green energy – and to make the feed-in tariff scheme more ambitious, not less..is this last minute attempt by Friends of The Earth and two solar installation companies going to ‘Save the Solar Industry?’

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The Deptartment of Energy and Climate Change subsidies for Renewable Energy have been very successful, the majority of the Feed-In tariff support going to Solar Energy Schemes, almost too successful perhaps.
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