Energy storage

Latest

EDF Energy posts £471m half year profits

UK nuclear and coal power supplier EDF Energy has announced operating profit of £471m for the first half of 2013.

11 years ago

Davey: gas storage capacity not a concern

Energy secretary Ed Davey has told Lords that gas storage capacity in the UK is not a concern because of the diversity of supply to the country.

11 years ago

Pump up the volume

We need more pumped storage, but the future lies in multiple smaller facilities, says Dave Holmes

11 years ago

EDF Energy clarifies tax position

French energy company EDF Energy has responded to reports that it "pays no tax" by confirming it paid £156m for 2011 and a further £116m during 2012.

11 years ago

Gas scare stories leave readers in the dark

"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.

12 years ago

Decc rejects ‘misleading’ gas shortage reports as price spikes

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.

12 years ago

Holford Gas storage facility fully operational

The Holford Gas storage facility in Cheshire is now fully operational.

12 years ago

How’s it planning out?

Roger Milne reports on the ups and downs of life for water and energy firms under the reformed planning system, and particularly the NSIP regime

12 years ago

Flexible’s friend?

Flexible plant is essential for balancing intermittent renewables, but capacity market plans have so far failed to take this into account. Has Decc learned in time for the Energy Bill? asks Melle Kruisdijk

12 years ago