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UK Government

The actions of the Government can have a massive influence on pricing


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Solar in the UK - Not So Bright  

01 November 2011


DECC has published the Comprehensive Feed-in Tariff (FiT) document and at the same time, many say, put a nail in the coffin for the Solar Industry in the UK. With the FiT rate for Solar Power to be cut by more than 50%, and with a proposal that eligibility to the scheme should be linked to a minimum energy efficiency requirement - many fear that this will be the end for the industry  read more...

Carbon Floor Price Announcement: The Market Reacts  

25 March 2011


The tensions seen in the markets last week, as participants assessed the impact of Japan and nuclear withdrawal in Germany, appeared to have eased when the market started trading on Monday. The Government's mid week budget Carbon Floor Price announcement soon changes that though  read more...

We're borrowing less than expected....  

20 August 2010


As the government prepares its spending review it will no doubt welcome the latest figures that show net borrowing for July at £3.8bn. While still sizeable, this is £1.2bn less than forecast and well down on the £6.1bn that was borrowed in the same month last year.  read more...

Confidence knocked in the Financial Markets  

12 August 2010


Statements from around the world all suggest a stalled recovery while closer to home there are continuing signs of inflationary pressures at a time of slow to stagnant growth.  read more...

Energy Secretary gives the first annual energy statement to the Commons  

28 July 2010


Chris Huhne, the coalition government Energy Secretary yesterday gave the first annual energy statement to the Commons. He set out plans to secure energy supplies and cut carbon emissions. In all 32 measures were outlined all with the aim of helping the UK achieve the legally binding target to cut emission by 80% by 2050.  read more...

2nd Quarter Growth at 1.1%; What Role For Energy  

23 July 2010


Preliminary figures from the Office for National Statistics (ONS) suggests the UK economy grew by 1.1% in the second quarter, up from the previous quarter's 0.3%. While the figures are preliminary (and based on around 40% of the ultimate data), what they do show is that construction, a relatively small part of the economy, contributed significantly to this growth figure. With 6 out of 10 civil engineering firms looking to the energy and water sectors for their income streams, it seems energy has a role to play in underpinning the recovery.  read more...

A week of Positives  

09 July 2010


This was a week for good news in the Financial markets; the IMF upgraded its forecasts for world economic growth and there was increasing confidence that European banks would pass their stress tests. Borrowers were pleased, though not surprised that UK interest rates remained unchanged. Overall world stock markets recorded gains across the week.  read more...

Capacity Payments Discussed as a Tool to encourage Investment  

30 June 2010


In a week when the engineering industry, in its State of the Nation report, said that the Energy Industry gave the most cause for concern in light of security of supply, Energy Minister Charles Hendry spoke of 'Capacity Payments' as a tool to incentivise plant development.  read more...

B-day: the aftermath....and look out interest rates  

23 June 2010


So as Britain's youngest chancellor delivered his first (emergency) budget, was it as painful as expected. Probably not if you are a bank!  read more...

Unemployment Figures Rise  

16 June 2010


Unemployment rose to 2.47m during the first 3 months of the year and with further public sector cuts widely anticipated, things don't look particularly rosy. A very tricky balancing act lies ahead - sort out the deficit but beware the pull from the black hole called recession.  read more...

Queens Speech: Energy Bill Outlined  

25 May 2010


The state opening of Parliament is history personified, wrapped in lashings and lashings of ceremony, pageantry and tradition dating back centuries. But for all its spectacle, there is the serious business of the Queen's speech (actually the Government's) which this year included details of this coalition government's Energy Bill.  read more...

No Financial Support for Nuclear  

17 May 2010


How will the coalition, that had such differing opinions about nuclear, find common ground?  read more...

No Decision Equals Indecision!  

07 May 2010


With election votes resulting in a hung parliament, patience wore thin and the stock and currency markets take a hit....energy markets will not be immune.  read more...

A Week for Releasing Figures  

20 April 2010


With the political debate heating up; more 'head to heads' scheduled and with the News Channels pouring over polls, polls of polls and more polls - then the economic figures coming out this week are surely going to add a lot more ingredients to the boiling pot.  read more...

Confidence Is out there - but are the Foundations Strong?  

12 April 2010


The signs are positive. Business confidence is high; appetite for financial risk is increasing and stocks are starting to outperform safe assets such as cash and gold. But with political uncertainty still looming and still an amazing lack of clarity with regard plans to 'bail out' UK plc', there is a great risk that this confidence will ebb away.  read more...

Government announces Green Investment Bank  

24 March 2010


in the last budget before a general election, the Government unveiled plans to set up a Green Investment Bank that will control £2bn worth of equity. Initial focus will be investments in green transport and sustainable energy.  read more...

UK Government still AAA  

15 March 2010


You might be forgiven for thinking that the credit rating for business 'UK Economy' would be carefully scrutinised especially given the scale of its debt when compared to income. However, Moody's says that a AAA is still justified.  read more...

Nothing's Joined Up  

01 March 2010


Sometimes you get so caught up in the detail that it is only when you step back that you realise that nothing appears to be joined up. With such mixed signals it is surprising that anything is achieved at all. In this instance we are talking about the UK's Climate policy!  read more...

It's all in the numbers  

20 January 2010


latest figures show UK Inflation at 2.9% for the Year to December 2009 (up from the annual figure of 1.9% for November). Does this mean we are an economy spending our way out of recession? Not when you take time to look behind the figures.  read more...

Copenhagen Summit -Slow Progress  

15 December 2009


With 120 leaders expected to attend the Summit's final session on Friday, UN's Climate Chief warns that current progress is too slow. The concern now is whether any agreements will or can be reached.  read more...

Labour's Pre Budget Report - Good News for the Bingo Players!  

09 December 2009


Labour's Darling delivered his (probably last) pre budget report which included a range of measures to "tackle" the country's balance sheet. Among a range of tax raising measures, it was heartening to see that the Bingo players out there will see duty fall 2% to 20%!  read more...

UK Manufacturing slides further  

07 December 2009


Corus announce plans to mothball most of its Teeside Cast Products steelmaking site - resulting in a loss of over 1,700 jobs and slate the UK Government at the same time for its lack of support.  read more...

Who will have the last laugh on the Green Agenda?  

24 July 2009


The Government’s announcement last week on the projected state of the UK energy industry is interesting and informative and demonstrates their willingness to impose a green agenda - but at what cost?  read more...

What type of recession will it be.  

13 May 2009


Economists are trying hard to work out if this recession will be a V, W or square root type of recession.  read more...

Budget day sees the UK set lead on carbon  

22 April 2009


The chancellor stated that he wanted the UK to cut emissions by 34% by 2020.  read more...

Oil eases off  

15 April 2009


Oil bulls retreated as the markets digested the US oil stock levels.  read more...

G20 has a lot to answer  

03 April 2009


The famous $1trillion barrier was reached by the G20 and the markets all rose on the ebullient nature of the meeting, but is it real.  read more...

Ofgem enquiry completed  

18 March 2009


Ofgem have completed their competition probe and not really delivered for business.  read more...

Market ticks up  

04 March 2009


The power market ticked up marginally today on the back of retail clients starting to hedge exposures out of April 09.  read more...

Does a bankers pension affect the UK power market?  

27 February 2009


As Fred Goodwin the departed RBS chief exec weathers the media storm over his pension pot, Powerisk asks if his decisions are affecting the power market.  read more...

Deflation versus Hyper Inflation  

18 February 2009


The economic circumstances are forcing many businesses to look at whether we face a world of declining growth or rampant uncontrollable growth.  read more...

Sterling in for rough ride  

22 January 2009


The UK pound is under severe pressure as economic woes weigh.  read more...

EdF to pay £12.5 billion for British Energy  

24 September 2008


EDF has struck a £12.5billion deal to take over British Energy, the British nuclear generator.  read more...

Centrica and BE - A Natural Fit?  

27 August 2008


Invesco – the investment company that owns 15% of British Energy and 5% of Centrica has discussed with the Government the possibility of a merger between the two energy companies.  read more...

Government Intervention and Stagflation  

10 June 2008


The markets are looking at whether a government could intervene with the markets but there is a real danger this could exacerbate the possibility of stagflation.  read more...

Curve tracks oil downturn  

29 May 2008


Curve falls on stability and oil. Gordon Brown strengthens the governments resolve on any new nuclear decisions.  read more...

EdF a Suitor for BE  

12 May 2008


Following on from British Energy’s request for interested parties to step forward last Friday, EdF were the only company to do so.  read more...

Feed-in Tarrifs Rejected  

02 May 2008


Feed-in tariffs have been rejected by the Government and will not now feature in the Energy Bill.  read more...

BE Bidders Given 9th May Deadline  

29 April 2008


Potential bidders for the Governments 35% stake in BE have been asked to submit bids by 9th May according to press reports.  read more...

British Energy for sale  

18 March 2008


BE up for sale, but the buyers will be subject to competition.  read more...

Auctioning of Power station EUAs  

17 March 2008


Auctioning good idea but likely to be handled badly.  read more...

EU unbundling bungled  

29 February 2008


EU still voting on how to unbundle the energy companies of Europe.  read more...

Govenrment consults on nuclear  

24 February 2008


The government has started the consultaion process on decomissioning of nuclear plant.  read more...

BE results  

13 February 2008


BE increase production but lose money.  read more...

Ofgem - hint at windfall taxes  

17 January 2008


Ofgem hint a manipulating markets something which they have always vowed never to do .  read more...

Price setting - Evan Davis  

16 January 2008


Evan Davis' article on Setting prices is well worth a read Powerisk has a few additions to his story.  read more...

Big Six collude  

14 January 2008


Although the headline suggest that the big six get together and set price, in reality it is unlikely that they actually do.  read more...

Ofgem liaise with Darling  

07 January 2008


Darling thinks that Ofgem may hold the answers but Ofgem rightly do not interfere with markets something which Darling should be aware of.  read more...

One grid operator  

14 December 2007


As usual the UK government attempt to unify abroad and alienate at home.  read more...

5 Year extension for Nukes  

11 December 2007


Nukes life extended could it happen again.  read more...

25GW of off-shore wind farms  

10 December 2007


The DTI (as was) has highlighted a potential 25GW of off-shore wind farms, if accurate there are still significant planning obstacles.  read more...

Imera secures new inter connector  

07 December 2007


Imera an Irish consortium has secured a good growth opportunity for 2011.  read more...

Germans anti trading  

04 December 2007


Germans submit reasons why they think the EU has it wrong, and whilst it is not the UK way of doing things it might not be wrong.  read more...

British Energy outlines four new sites  

28 November 2007


BE go with the tried and tested.  read more...

S36 for worlds largest biomass plant  

21 November 2007


Port Talbot to host the worlds largest biomass plant  read more...

Markets look to expand under MIFID  

20 November 2007


ICAP look to take on exchanges.  read more...

£33m earmarked for Scottish Renewables  

15 November 2007


Scotland look to lead the way in renewables.  read more...

Queens Speech shows government direction  

06 November 2007


Queens speech highlights a slight change in direction.  read more...

Nuclear power to be annouced in the Queens speech  

05 November 2007


New nuclear build projects set to be annouced tomorrow.  read more...

Green Taxes not a huge surprise  

24 October 2007


Not all money from green taxes will be spent on green projects.  read more...

Government makes mind up on carbon capture  

12 October 2007


Centrica keen to understand the vagaries of carbon capture even when the government has decided which is the best way.  read more...

Nuclear debate rages on.  

07 September 2007


Gordon brown, the consultation and a bad decision which seems to be continuing unopposed.  read more...

Why the carbon market in 2050 might change  

06 August 2007


Carbon requests can lead to voters votes but industries have to make heavy provisions and it makes investment more difficult.  read more...

Zero, Neutral Low..... what are you.  

02 August 2007


Carbon markets appear to be getting more and more complex and being policed by more and more government players.  read more...

VCS finalises VERs  

30 July 2007


Voluntary Emissions Reductions getting more press as apotential for tool for reducing carbon footprints.  read more...

Large Plant Combustion Directive  

06 July 2007


Coal plant is in decline but guessing how steep this decline is, can be very difficult.  read more...

Politics and Energy  

20 June 2007


Power in politics could be hotting up and next week we will start to see the effects of a new political era. How will it effect the power markets.  read more...

Nuclear for Sale  

31 May 2007


British Energy is seen as central to the strategic reshaping of Britain’s nuclear industry it was inferred today following the Government's announcement it is to sell a portion of its stake in British Energy.  read more...

Russia's Hold on Gas  

30 May 2007


With the UK increasingly dependent on imported gas, seeing Russia squeeze out foreign investors in order to regain state control of energy assets has to be a concern.   read more...

Retailing Green Energy  

25 May 2007


With more and more 'green', premium attracting energy products coming to market, should we be looking out for the next green scam.  read more...

Game On for Nuclear  

24 May 2007


Nuclear generation is at the forefront of the Government's plans to increase security of supply , reduce dependance on imported gas and tackle carbon emisions. They have reached a “preliminary view that it would be in the public interest to allow energy companies to invest in nuclear power”.  read more...

Trading Petrol?  

18 May 2007


With road transport seeing the biggest rise in emissions within the EU, will the UK Government give serious consideration to one of the proposals being put forward - petrol rationing?  read more...

Blair and Brown Legacy  

11 May 2007


Verdict some of it has been good but there are still big issues which the energy industry faces.  read more...

A budget fool of green promise!  

22 March 2007


Chancellor dabbles with green economics but really only dabbles.  read more...

Green credentials- Carbon trading  

12 March 2007


The green debate will hot up but don't be fooled there is still a long way to go before we really know what is going on.  read more...

Are renewables the future.  

20 February 2007


Renewables must be encouraged and although they are expensive they could be a good long term solution.  read more...

Nuclear not quite such a forgone conclusion  

15 February 2007


Greenpeace hold the government to account. This is something which is long overdue.  read more...

The Green cost code  

30 October 2006


The principles behind a green tax economy to some extent work, but governments must be careful not to tax their own, to the point of making themselves uncompetitive in a gloabalised economy.  read more...

RO under review  

09 October 2006


The green lobby are beginning to get to the government, is it common sense or the fact that the leader of the opposition has parked his tanks on that particular lawn.  read more...

Greenpeace sues the government  

06 October 2006


A funny Friday calls for a funny story a true one and an interesting one but unlikely to go far.  read more...

New energy research centre planned  

15 September 2006


The UK Government has published details of its planned £1bn energy research institute.  With a mix of private and public funding, the Energy Technolgies Institute aims to pool expertise across the sector.  read more...

Bearish Sentiment changes fuel fundamentals  

14 August 2006


The market is reatcing well to the recent oil price rises with a view that margins are helathy enough as it is and that trading can be a way of moving the market rather than just looking at raw fundamental demand and supply.  read more...

British Energy gives UK taxpayer a good deal  

04 August 2006


British Energy is one of the few government bail outs will end up being a good deal for the taxpayer. There is no doubt that it is luck because the government probably under-estimated the risks they were taking.  read more...

Energy Review  

11 July 2006


The energy review is a fair reflection of the future, but there are still some unanswered questions. The review has at least highlighted the questions and set a timetable for action.  read more...

There is now a PR campaign for the energy review  

07 July 2006


Nuclear likely to go ahead, as we all know, but the little things are falling into place as well.  read more...

Auctioning emissions will not work.  

06 July 2006


Emissions market responds very little to Polish news of excesses. But there is a growing argument for auctioning and will not work.  read more...

EU ETS - Phase II Changes Recommended  

22 June 2006


A new study by the Carbon Trust urges changes to improve Phase II of the EU Emissions Trading Scheme. The study identifies 7 key challenges that if left, will result in incentives that do not support low-carbon investment, and suggests that changes are essential to maintain competitiveness and investment in Europe.  read more...

Nuclear Debate  

19 June 2006


Some would question whether there is actually a nuclear debate with the poistives for nuclear constantly being brought to the fore.  However, the UK energy crisis is vastly complex and not just an issue of forecasting supply and demand. Environmental and geographical issues also need to be considered.  read more...

How Energy Efficient Are You?  

15 June 2006


When the Government reports on its Energy Review later this summer, we're all expecting to read about nuclear.  However, as well as considering the production of energy, we're expecting the Review to also focus on consumption.  read more...

The Rising Costs of Energy  

14 June 2006


Higher energy prices have helped push up inflation which in turn is likely to push up interest rates.  Those exposed to rising fuel costs are now likely to start feeling an indirect impact on their borrowing costs.  read more...

Warming Up to Nuclear  

12 June 2006


The Government PR machine starts warming us up to the idea of new nuclear.  read more...

Climate Change the topic of the week.  

06 June 2006


There is something in the air apart from the growth in CO2.  read more...

Nuclear Debate or Political diversion  

17 May 2006


Nuclear back on the agenda, but it doesn't effect markets until 2011 if we are lucky. Reliant on Russian gas is apparently more risky than Australian uranium (which is by the way also a finite commodity and on the decline.)  read more...

Rumour and Counter Rumour  

08 May 2006


Rumours still influence the emissions market and on Friday the consistent selling on the back of German compliance positions being short suggest that the market has now managed to extract data on one the potential large shorts (the fact that they are long saw prices fall) if the UK is in a similar position then the market will fall further.  read more...

Gazprom rattles its sabre  

20 April 2006


The Gazprom debacle is going to rage on the UK government is performing more and more like a chinese protection racket, however the Russians are behaving more like the mafia with threats of cutting of supply.  read more...

Powerisk's Chancellor answers  

23 March 2006


The Chancellor decides to take profiits from his British Energy stake, and this perhaps is one of the best signs that the market has higher to go, if we look at his trading performance with gold. Potentially the 800m bail out to BE will be rewarded with a £2-£6bn return. Good trading which ever way you look at it!  read more...

Chancellor for the day.........  

22 March 2006


The market has ticked down a little with a sell of in April due to a relaxation in the supposed gas fears and the market has fallen on the back of this. Winter 06 still looks high and perhaps some of the shorts might come and sell at these levels, but there are not many shorts in the market, willing to take the risk.  read more...

Nuclear not an Energy Necessity  

08 March 2006


Government independent advisory body concludes nuclear risks outweigh the benefits.  With the Energy Review due to be published this summer, will the Government take on board the findings or has it really already made its mind up?  read more...

The Windy Dichotomy  

02 March 2006


Wind farms have always struggled with planning permissions. As another potential site gets rejected by the government, the question has to be asked is the UK's green generation policy just lip service to appease the green lobby.  read more...

The Nightmare Scenario  

01 March 2006


The market balloons in price, profiling is abandoned, and Mrs Jones at 33 Wavertree Mansions is seen showering at 3am in the morning. Unlikely, but it is happening in the water industry.  read more...



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Latest Energy News
UK Government Faces legal challenge over FiT cuts  

14 November 2011


Friends of the Earth are seeking a judicial review following DECCs failure to amend its plans to significantly cut the current Feed-in-Tariffs. This follows another legal challenge that has been brought by solar power developer Solarcentury.  read more...

Italy draws attention  

11 November 2011


Greece will be pleased to be out of the spotlight as focus switches to Italy. Interest rates on Italian Bonds have risen above 7% - the level which caused Ireland and Portugal to go looking for help.  read more...

Market Responds Positively to Greek Coalition Government  

07 November 2011


Commodity prices strengthen on coalition Government news from Greece. Third day of gains in the oil markets helping to fuel other energy commoditities.  read more...

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