Posts Tagged ‘Nuclear energy’

Stark warnings of electricity blackouts…

20 July 2010

Renewable energy is a hot potato in the business and political spectrums right now. Business electricity customers will be concerned about the latest stark warning from a former control engineer of the National Grid that Britain could be facing an energy crisis to rival the banking crisis.

Speaking to the Daily Mail, Derek Birkett warned that blackouts and high electricity bills could be on the way for domestic and business electricity customers. He also branded government targets for renewable energy as “dangerous illusions” that could lead to rising prices.

Mr Birkett has written a book, When Will The Lights Go Out, favours mixed sources – a combination of renewable energy and nuclear power – to avoid blackouts in the not too distant future.

You can read the full story in The Daily Mail.

He even suggests that coal could still be a viable option for electricity generation, and warns about the costs of green energy projects being passed on to consumers.

For all your business electricity queries, contact Energy Advice Line.

Chris Huhne Warns of hole in nuclear energy budget

2 June 2010

Chris Huhne, Energy and Climate Change Secretary, has warned of a huge hole in the budget for nuclear power.

He blames his Labour predecessors for the deficit, which stems from the cost of decommissioning old nuclear power plants.

According to figures in The Independent, the cost off decommissioning these plants will be £850million next year, rising to £950million in 2012-13 and £1.1bn for the following two years. All this will have to come from the taxpayer.

Mr Huhne called the costs “a massive post-dated bill” and a “classic example of short-termism.”

He is using the price of decommissioning old nuclear power stations to push for any new nuclear power plants that get built to be covered by agreements that prevent the use of public money.

Nuclear power is one of the options being considered for increasing the UK’s generation of electricity for meeting domestic and business electricity customers’ increasing demands in an affordable way.

However, Mr Huhne is known for his scepticism over the nuclear issue.

Read the full story in The Independent.

The nuclear energy debate

20 May 2010

Energy giant Scottish and Southern Energy, met with new Energy and Climate Change Minister Chris Huhne on Tuesday to discuss renewable energy options. The domestic and business electricity and gas supplier is the UK’s largest generator of renewable energy.

Huhne is known for his scepticism over nuclear energy, and as reported on Monday he revealed soon after his appointment that there would be no government funding for the building of nuclear power plants.

SSE is currently debating whether to build a new nuclear power plant near Sellafield. No decision will be made for at least two years while the company undertakes research into the viability and economics of nuclear.

Meanwhile, the focus remains on renewable energy schemes including wind farms and wave power projects.

According to a report in The Guardian, the company is putting a two year stop on plans to begin operating a gas fired power station in South Wales, partly because of a downturn in demand for commercial electricity caused by the recession.

For advice on all types of business energy contract, contact Energy Advice Line today.

Read the full story in The Guardian.

Business energy bills to rise to fund nuclear power

17 May 2010

Nuclear power plants will be paid for by business energy customers.

Nuclear power plants will be paid for by business energy customers.

Business energy bills are set to rise under the new Conservative-Liberal Democrat coalition as plans are set in motion to subsidise the construction of new nuclear power plants.

The Sunday Times reported yesterday that details within the coalition agreement revealed the intention of setting a floor under the carbon price, which will raise household and business electricity prices while at the same time encouraging the building of nuclear power stations to help meet the country’s energy needs.

Nuclear energy is one of the more controversial topics between the partners of this new alliance. Chris Huhne, Lib Dem and Energy and Climate Change Secretary, has previously been a vociferous opponent of nuclear power. After his appointment last week, he reiterated that there would be now government subsidies for the building of nuclear power plants.

However, industry experts believe fixing the carbon price was a subsidy by stealth. Companies must buy carbon allowances for every tonne of polluting gasses they emitted, rewarding those businesses whose energy comes from cleaner, greener sources and penalising heavy industry polluters.

Nuclear power stations have zero carbon emissions, making them a more attractive method of domestic and business energy generation. But it takes a long time to build a nuclear power plant, and in the meantime electricity will still be generated from the high carbon producing method of coal burning.

This cost will be met by domestic and commercial electricity bill payers.

To compare business electricity prices and for advice on the best deals, contact Energy Advice Line today.

Read the full story in The Sunday Times.

Government rules out gas storage plans

6 April 2010
The Government has ruled out state stockpiling of gas.

The Government has ruled out state stockpiling of gas.

The Government has ruled out state stockpiling of gas amid fears it would affect commercial gas investments, push up gas prices and unsettle the market.

In a move that will dismay many business gas customers concerned about the security of supply, a report by the Department of Energy and Climate Change (DECC) said that it would leave such projects to the commercial market.

Concern over gas supplies was made starkly apparent last winter, when shortages caused much publicised fears that the country could run out of gas. For many business gas customers – who are on interruptible contracts that mean cheaper prices but the threat of being cut off if supplies run too low – the affect of serious shortages could prove devastating.

Industry regulator OfGem had recommended that the state should take more control over the energy market to help ensure supply and affordable prices.

Speaking to NEBusiness, Conservative candidate for Stockton South, James Wharton, expressed disappointment in the DECC announcement, claiming that storage projects could bring investment to his Teeside constituency and warning against increasing dependence on countries such as Russia for the UK’s gas supply.

This sentiment was echoed by Labour’s Malcolm Wicks, a former energy minister in Tony Blair’s cabinet, who stated that urgent focus was needed on energy security, because the UK was becoming increasingly and rapidly dependent on gas imports.

Wicks also pointed out the importance of maximising home growing power, citing the vitalness of both green and nuclear energy to secure the future of Britain’s gas supplies.

For commercial gas customers, the time to act is now. Ensuring you are getting the best price for your business gas is a big step in the right direction.

Energy Advice Line can provide you with free, impartial advice on the best business energy contracts to suit your company. Contact us today for advice on switching your energy supplier.

Read the NEBusiness story here.

Picture credit – CCA: Gas Hob by The Green Party from Flickr

And the Daily Telegraph interview with Malcolm Wicks here.

Debate on green energy generation

25 March 2010

Are wind turbines being placed correctly?

Are wind turbines being placed correctly?

Business energy customers have long been told that green technology, including wind farms, is the way forward to guarantee supply for domestic and commercial energy customers in years to come.

However, a recent report in the Daily Mail revealed that many wind farms are operating under capacity – which the article blamed on a lack of wind. Now concern has been raised that many of the wind turbines may be being put up in the wrong locations to generate enough commercial and business energy to make them viable.

Turbine efficiency is calculated by establishing the theoretical maximum output of a wind farm with what is actually being generated, and according to the Daily Mail the largest UK wind farm in County Durham is just 18.7 per cent efficient, while one at Chelker reservoir in North Yorkshire operates at just 8.7 per cent efficiency.

However, Nick Medic, of Renewable UK, countered the report by saying that the UK “needed every bit of green energy it could generate” in order to meet the renewables targets set by the government.

In Scotland, First Minister Alex Salmond has warmly embraced wind farms and other renewable energy sources. Speaking to the Times, he told of his ambitious plan to turn Scotland into the “Saudi Arabia of marine energy” and the ten new marine-bed projects announced last week have been billed as able to generate up to 1.2GW of electricity by 2020.

For commercial gas and electricity customers, from what I’ve seen, the knowledge of the need for renewable energy generation is very much there, and new initiatives are to be welcomed. As traditional methods of power generation run out, energy will become more expensive. The aim with renewables is to make energy more affordable and reliable in the future.

Green energy is still very much in its infancy, but any move that helps ensure supply in years to come will be welcomed by business energy customers.

The other alternative, nuclear energy, also has its supporters and critics, with both Labour and the Conservatives pledging to invest in it, while the Liberal Democrats would focus solely on renewable energy sources. The Energy and Climate Change Committee told the Daily Telegraph that the disposal of radioactive waste had not been properly considered and urged more consultation before either nuclear energy or wind turbines started being erected.

The future of energy generation will certainly be far different from how things are today. But you can act to save money on your business gas and business electricity today.

Contact Energy Advice Line to find the best deal for your business, and check out our business electricity and business gas top tips to help you save energy today.

Read the Daily Mail article about wind far worries.

Read about Alex Salmond’s ambitions in The Times.

And read about the Energy and Climate Change Committee’s nuclear concerns in the Daily Telegraph.

Picture credit – CCA: Wind Turbine near Corwen by Christopher Owen from Flickr.