Daily Archives: March 22, 2011

Kiran Stacey

Keith Parker, CEO, NIA

Image by NIA

Many thanks for all your questions for Francesco Starace, chief executive of Enel Green Power. His answers will appear on this site on Friday, March 25th.

Next week, the person in the hotseat will be Keith Parker, chief executive of the UK’s Nuclear Industry Association.

The NIA represents almost every company involved in providing UK nuclear power, and even lists the stricken Tepco among its members. In the wake of the Japan nuclear crisis, this is your chance to ask him about nuclear safety, the role of nuclear in providing low-carbon energy and whether the industry can ever recover from the events of the past two weeks.

Email all your questions to energysource@ft.com by the end of Sunday, March 27th.

Kiran Stacey

David Cameron may regret saying he wanted the coalition to be the “greenest government ever”. Not because he didn’t mean it, but because as ministers strive to keep to the tough spending allowances granted by the Treasury, it is an aim that seems to be slipping further and further away.

The last week has seen a slew of announcements that appear to signal a retreat by the government from its green ideals. Firstly, we had the cut to solar subsidies in the form of the feed-in tariff.

Officials at the energy department claim the changes to the feed-in tariff are primarily aimed at redistributing the money away from large-scale solar farms and towards households and small businesses, rather than cutting it. But if this was the case, the amount of money that had been cut from large producers would surely have been recycled in the form of higher subsidies for smaller ones.

Sheila McNulty

Ken Salazar, the US interior secretary, and Michael Bromwich, director of the US oceans regulator, held a press conference amid great fanfare on Monday to unveil that they had approved a plan by Shell for deepwater oil and gas exploration.

The approval was trumpeted as the first plan approved since the Macondo disaster last April, and one that provided a template for the industry to follow to get their own plans approved.

But the approval does not mean Shell can drill. Its plan calls for drilling three exploratory wells in about 3,000 feet of water, 130 miles offshore Louisiana. To actually drill, Shell must still get permits for each well. And, despite the fanfare, nobody has received a permit to drill a new deepwater well in the Gulf of Mexico since BP’s accident.

FT Energy Source

You can follow live coverage of events in Libya here.

- Threat of drawn out war stokes oil fears – FT

- Shell to drill new Gulf of Mexico deepwater wells – The Telegraph

- Work continues to cool Japanese reactors – Argus

- Tepco to pay farmers for losses – FT

- Natural gas now viewed as safer bet – NY Times

- Japan nuclear crisis puts UK public off new plants – The Guardian

- UAE to review atomic energy plans – WSJ

- Australia weighs nuclear push after Japan crisis – Reuters

- Korea to buy stake in Anadarko oil-shale block for $1.5bn – Bloomberg

- Levy for carbon capture projects dropped – FT

- Green bank to get go-ahead on fundraising – FT

- Ofgem pushes fairer deal on power – FT

- Utilities escape OFT inquiry – The Telegraph

- Utilities take changes in their stride – FT

- Divisions over EU power strategy exposed – FT

- Rockhopper says Falklands oil find ‘commercially viable’ – The Telegraph

- REG blames lack of wind for losses – FT

- Shareholder sues Vestas in the US – Reuters

- Essar Energy falls on power delays as profits soar – The Telegraph

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