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Labour challenged the "dearth of information" on support levels being negotiated for nuclear power and carbon capture and storage (CCS) in the Lords this week.
12 years ago
The UK can lead Europe on shale gas and "in due course", lead the world, according to energy secretary Ed Davey.
We need more pumped storage, but the future lies in multiple smaller facilities, says Dave Holmes
Ofgem has warned over uncertainty around supply and demand for electricity on the publication of its second report into capacity.
Scottish Renewables has named an oil and gas sector veteran as its new chair. Ronnie Bonnar replaces Jeremy Sainsbury, who is coming to the end of his three-year term.
The Duchy of Cornwall and the Office of the Prince of Wales will receive the UK's first Green Gas Certificates tonight.
Assured UK revenues and an aggressive dividend policy have made National Grid a darling of the FTSE-100 this year, says Nigel Hawkins
"Never let the facts get in the way of a good story." It's an old, if irreverent, adage in journalism, which parts of the national media took to heart in their coverage of the gas markets this week. It began with warnings that Britain has only two days' worth of gas left in reserve - which is correct, as far as it goes, but ignores the fact that the country has taken a strategic decision not to rely on gas storage. This is because of its proximity to the North Sea - the mother of all gas storage fields, you might say. Comparisons with other European nations, which can't rely on the North Sea and have built vast gas reserves over decades, are therefore irrelevant and misleading. There's a valid argument that Britain should increase its gas storage over coming years as its energy mix changes, but that doesn't equate to any risk of the lights going out under the current arrangements.
Centrica has signed a long-term deal to import LNG from America. It announced the move amid fears of a supply shortfall, days after the UK gas spot price hit a record high.
Gas spot prices spiked to a record high of 150 pence a therm on Friday as an interconnector failure exacerbated short supplies. Interconnector UK said the affected pipeline was running on reduced flow shortly before midday.
National Grid has backed off from an initial aggressive rejection of proposed regulatory price controls for its gas and power transmission arms, ending speculation it would enter a stand-off with energy watchdog Ofgem.
Ofgem's price control for gas distribution companies will lead to 3,000 job losses and put lives at risk, GMB claimed today after National Grid confirmed it was accepting the package.
Gazprom is keen to see its Nord Stream gas pipeline extended to the UK, and various options are being explored, but does another interconnector make economic sense, asks Keith Nuthall?
A recent High Court case has added to uncertainty over whether take-or-pay contracts are always enforceable. Ben Holland and Phillip Ashley explain why
The prospects for injecting biomethane into the gas grid are really hotting up, according to Megan Darby
