Tag: Eon

Kiran Stacey

Ditlev Engel - Photo courtesy of Vestas

Ditlev Engel - Photo courtesy of Vestas

Many thanks for all your questions for Sara Vaughan, Eon UK’s head of regulation and energy policy. Her answers will appear on this site on Friday.

Next week, the executive facing a grilling by Energy Source readers will be Ditlev Engel, chief executive of Vestas, the world’s biggest maker of wind turbines.

This is your chance to ask Engel about Vestas’ role in building Thanet, the world’s largest offshore wind farm, or perhaps about why the company is cutting 3,000 jobs when governments across Europe are stating their commitment to wind power.

Email all your questions to energysource@ft.com by this Friday, November 26th.

Kiran Stacey

Starting next week, Energy Source is bringing back its reader Q&A sessions. This is a chance for you to ask the bigwigs of the energy industry anything you could possibly want.

Sara Vaughan -- image by Eon

First up in the hotseat is Eon’s Sara Vaughan, their UK director of regulation and energy policy.

Eon is of course Germany’s biggest energy company, but it has a very high profile in the UK. Sara will be answering all your questions, from why it decided not to press ahead with Kingsnorth, to what is the future of UK nuclear power, to what carbon price is needed to stimulate green energy growth.

Send all your questions to energysource@ft.com by the end of Friday 19th November.

Kiran Stacey

Companies are still waiting to hear full details from the UK govenment on how it intends to provide £1bn in funding for CCS projects, as promised in the spending review.

Eon recently announced that the uncertain economic conditions meant it would pull out of its plans to build a coal-fired CCS plant at Kingsnorth. Meanwhile, industry leaders have warned that providing the financing only by guaranteeing a floor to the carbon price would not be enough incentive for companies to build the expensive plants.

So the news that the European Commission will announce a “prize” to fund CCS and renewables projects will be very welcome for some.

Kiran Stacey

According to Eon, we could learn a lot from the Romans about energy efficiency. To coincide with the launch of their new website which apparently helps consumers measure and cut down on their energy use, they have teamed up with Prof Andrew Wilson from the Institute of Archaeology at Oxford University to come up with four ways in which the Romans were more efficient users of energy than us:

Kiran Stacey

When Germany announced its plan to phase out nuclear power stations last month, shares in the big four German power companies rose. The agreement made with the German government would see Eon, RWE, EnBW and Vattenfall pay a nuclear-fuel rods tax of €2.3bn until 2016 – but the market had been expecting worse.

But today Moody’s has warned that the impact of the tax might yet force a downgrade of the companies’ credit ratings.

Kiran Stacey

Eon has confirmed it is shelving its delayed plans to build a new coal energy plant at Kingsnorth.

The announcement means there will be no new coal plant as part of the CCS competition, the details of which will be announced by the chancellor today.

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« AugDecember 2014