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Energy Security Boost for the U.K. As Major Gas Storage Project Receives a License
The United Kingdom’s gas storage capacity could increase by 30%, as the Government issued the first license under a new regime to encourage the construction of more gas storage. The Gateway Project, located in the east Irish Sea, would create twenty...
Cash Rewards to Provide an Incentive for Low Carbon Electricity And Heating
Households and communities in Britain who install generating technologies such as small wind turbines and solar panels will from April be entitled to claim payments for the low carbon electricity they produce. Energy and Climate Change Secretary Ed Miliband...
Record Acreage Announced in Latest Licensing Round for U.K. Offshore Oil And Gas Exploration
A new round of offshore licensing will give a further boost to the UK’s offshore oil and gas industries, Energy and Climate Change Minister Lord Hunt has announced. Lord Hunt was in Fife visiting an oil platform manufacturing yard as he launched the...
UK-based Banks to Start Offering New Loans to Eligible Onshore Wind Farms
Three UK-based banks will start offering new loans to eligible onshore wind farms today. Wind farm developers and the banks will have an opportunity to start brokering the deals at a forum in the city hosted by Ed Miliband and Chancellor Alistair Darling. The...
U.K. Government Publishes List of Sites That Could Potentially Host New Nuclear Power Stations
A list of eleven sites that could be potential hosts to new nuclear power stations in the UK was published today. Members of the public now have a month to comment on the proposed sites before the nuclear planning consultation later this year. The Department...
U.K. to Build Three New Gas Fired Power Stations
U.K. Energy and Climate Change Minister Mike O’Brien has granted consent for three new power stations capable of providing approximately four million homes with electricity to be constructed at Pembroke, King’s Lynn and Hatfield. The new gas...
