Centrica

David Blair

It was not a bluff. When Centrica warned a month ago that it might choose to leave one of Britain’s biggest gas fields off-line because of the higher taxes levied on UK energy companies, some thought this was an empty threat.

However, South Morecambe gas field has become available after a period of routine maintenance – and Centrica chose to leave it dormant on Wednesday morning. Read more

Kiran Stacey

This morning’s clampdown by the UK regulator on the country’s big six utilities was unexpectedly hard-hitting. Read more

Kiran Stacey

Kiran Stacey

There have already been some noises off between the UK government and the green energy industry over the green investment bank, the government’s proposed investment vehicle for funding clean energy projects. Apart from anything, many in the sector simply don’t think the £1bn promised by Chris Huhne, the energy secretary, is enough.
But another faultline opened up today at a briefing attended by both Sam Laidlaw, the chief executive of Centrica, and Huhne himself. Specifically, the pair seemed to be at odds over whether the green investment bank could be used to fund energy efficiency initiatives. Read more

Kiran Stacey

British Gas customers brace yourselves. From December 10 you will have to pay an average of £53 extra a year for gas and £29 extra for electricity.
But given this global gas glut that we keep hearing about, the question is why are prices about to rise? Read more

Kiran Stacey

Last week I wrote that one of the areas of complete agreement at a debate during the European Future Energy Forum had been that there needed to be a high and stable carbon price in order to incentivise low carbon energy production. But I added that nobody knew how to bring it about. Read more

Kiran Stacey

I wrote below about whether the industry would get what it wanted from Chris Huhne, the energy secretary, in his speech to the Liberal Democrats today. Now his brief but initiative-packed speech is over, did they get what they wanted? Read more