There has been a great deal of commentary in the last few weeks that the nuclear crisis at the Fukushima plant is not as bad as the Chernobyl meltdown.
We can only hope that prediction proves correct. But for the nuclear industry, say the analysts at UBS, the consequences are already even worse. Read more
This morning’s clampdown by the UK regulator on the country’s big six utilities was unexpectedly hard-hitting. Read more
A nasty stasis in shares in E.ON, RWE and EDF. Read more
And then there was one. After Eon announced on Tuesday that it would increase electricity prices by 9 per cent and gas prices by 3 per cent, that leaves only EDF of the big six who have frozen charges over the winter. Read more
At the end of 2009, South Korea’s Kepco surged past French, US and Japanese competitors to win one of the world’s biggest nuclear tenders on offer – a $20.4bn contract to develop a civilian nuclear programme for the United Arab Emirates. Read more
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
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
The US government’s loan guarantee scheme has come under scrutiny in recent days after the collapse of the JV between Constellation and EDF for a new nuclear plant. But it appears the similar scheme for the solar energy industry is also coming under fire. Read more
Can new nuclear energy be developed in the UK without government subsidies? This question has been rumbling on in the UK ever since the coalition government agreed to allow nuclear power stations to be replaced “provided that they receive no public subsidy”. Read more