BE go with the tried and tested.
BE have stated that they have earmarked four new sites for building new nuclear plant. Although they are new sites to BE they will be all on existing old plant so Hinkly Hartlepool Sizewell and Heysham are all likel y to be granted planning permission for any new build projects
24 February 2008
The government has started the consultaion process on decomissioning of nuclear plant. read more...
11 December 2007
Nukes life extended could it happen again. read more...
EdF to pay £12.5 billion for British Energy
EDF has struck a £12.5billion deal to take over British Energy, the British nuclear generator. read more...
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?
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...
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...
British Energy forecast to be back in Dec
Market expects to see nukes return in Decemeber. read more...
11 August 2008
Market expects to see nukes return in Decemeber. read more...
Centrica try to muscle in on bid
Centrica are trying to muscle in on the EdF BE deal, and this may make things politically sweeter. read more...
06 August 2008
Centrica are trying to muscle in on the EdF BE deal, and this may make things politically sweeter. read more...
Nuclear plant behaving badly
Nuclear fleet continues to struggle as outages overrun. read more...
06 June 2008
Nuclear fleet continues to struggle as outages overrun. read more...
We're borrowing less than expected....
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...
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
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...
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
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...
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
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...
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
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...
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...
Out with the Old, In with the New
During the last day of trading in 2009, the UK Power curve closes down but what will the New Year hold in store? read more...
31 December 2009
During the last day of trading in 2009, the UK Power curve closes down but what will the New Year hold in store? read more...
Unseasonal Temperatures help to melt prices
Middle of November but no sign of wintery temperatures. The effect was to soften the prompt power market, which also felt the pressure from weak commodity curves. The downward trend fed through the power curve. read more...
16 November 2009
Middle of November but no sign of wintery temperatures. The effect was to soften the prompt power market, which also felt the pressure from weak commodity curves. The downward trend fed through the power curve. read more...
Market forgets basic principles and panics!
It could be said that the market over reacted today in the prompt market with a price rally on the back of a £142 half hourly cash out price. read more...
02 October 2009
It could be said that the market over reacted today in the prompt market with a price rally on the back of a £142 half hourly cash out price. read more...
What's Happening in the Back-End?
The back end of the curve is extremely difficult to trade. Those dipping their toe in tend to be Producers (with excessive length adjusting their risk positions) and Banks looking for some exposure. At the same time Retailers tend to be short-termist. read more...
19 June 2009
The back end of the curve is extremely difficult to trade. Those dipping their toe in tend to be Producers (with excessive length adjusting their risk positions) and Banks looking for some exposure. At the same time Retailers tend to be short-termist. read more...
Budget day sees the UK set lead on carbon
The chancellor stated that he wanted the UK to cut emissions by 34% by 2020. read more...
22 April 2009
The chancellor stated that he wanted the UK to cut emissions by 34% by 2020. read more...
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