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
You would think that a cut to future subsidies for solar power in Spain would have minimal impact on northern European wind developers. But renewables execs at a planning meeting for the Power and Renewables Summit 2011 looked almost traumatised by the events of last year. 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
Powerfuel’s administration makes grim reading for supporters of carbon capture and storage, not least the companies thinking of making an investment in the sector. Read more
Earlier this month, Eon announced its plans to raise €15bn over three years to pay off debt and fund an expansionary drive outside Europe.
Just three weeks into that three-year period, the company has already made its first move, selling its 3.5 per cent stake in Gazprom for €3.4bn.
In the first of a new series of readers’ Q&A sessions, Sara Vaughan, Eon UK’s head of energy policy and regulation, took on the burning questions you wanted answering. Eon is Germany’s biggest power company and is heavily involved in the UK market.
In the second part of the session, Sara discusses the obstacles to building new nuclear plants, how the UK measures up on low-carbon technology and the limitations of a carbon floor price. Read more
In the first of a new series of readers’ Q&A sessions, Sara Vaughan, Eon UK’s head of energy policy and regulation, took on the burning questions you wanted answering. Below are her thoughts on how the UK measures up on low-carbon energy, the limitations of a carbon floor price and why the carbon reduction commitment might be better off as a tax. Read more
At a time when the UK business community is pretty united in its outrage about the government’s move to turn the carbon reduction commitment into a tax, Eon UK’s head of energy policy has stepped out of line to say why she thinks the move might carry some benefit. Read more