Profits take a huge drop for Centrica

Profits take a huge drop for Centrica

Centrica’s profits have reportedly taken a huge drop of 35% in the first 6 months of this year, dropping to  £1,032 million “reflecting a challenging market environment, mild weather in the UK and the Polar Vortex in North America”. A milder ...

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Supermarkets drop their petrol prices

Supermarkets drop their petrol prices

Sainsbury, Tesco and Asda are in the middle of a price war as they start dropping their petrol forecourt prices. Asda customers will pay no more than 126.7 pence per litre (ppl) for unleaded and 129.7 ppl for diesel. The key ...

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WWF warning for UK ” leave shale gas in the ground”

WWF warning for UK ” leave shale gas in the ground”

The UK government have been warned by environmental group WWF that the country should not open up it’s doors to drilling for shale gas if it is to tackle climate change. The fracking process extracts gas from shale rock layers ...

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Green Deal Home Improvement Fund closes after 7 weeks

Green Deal Home Improvement Fund closes after 7 weeks

The Green Deal Home Improvement Fund (GDHIF) has been closed indefinitely after only seven weeks by The Department of Energy and Climate Change (Decc). Due to ‘overwhelming demand’ the incentive package has reached it’s budget of £120 million, despite being ...

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Regulators secure £8 million pay-out from SSE & UKPN for Christmas storms

Regulators secure £8 million pay-out from SSE & UKPN for Christmas storms

SSE and UK Power Networks (UKPN) have been forced to pay out over £8 millon following Ofgem’s investigation into their performances during the storms at Christmas last year in the south of England which left 16,000 customers without power for ...

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EU proposes 30% energy efficiency target

EU proposes 30% energy efficiency target

  The European Commission has proposed a 30% energy savings target by 2030 compared to the level in 1990 for all the member states. The proposed target goes beyond the 25 per cent energy saving target which would be required ...

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Poland and Austria being referred to EU Court of Justice for energy efficiency failings

Poland and Austria being referred to EU Court of Justice for energy efficiency failings

The European Commission has referred Poland and Austria to the EU Court of Justice for their failings to enact the energy efficiency buildings legislation. The Energy Performance of Buildings Directive, says that member states must establish and apply minimum energy performance ...

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1.5 million people switched energy suppliers in last 6 months

1.5 million people switched energy suppliers in last 6 months

According to the industry trade body, 1.5 million customers switched energy suppliers in the first six months of this year, with roughly 600 switching to smaller suppliers. There has been a “steady long term increase” in the number of people ...

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Government encourages householders to claim cashback for energy saving schemes

Government encourages householders to claim cashback for energy saving schemes

The Government is urging householders to act now to claim their cashback for installing energy saving measures in their homes. The Green Deal Home Improvement Fund offers houses in England and Wales up to £7,600 for energy efficiency improvements including ...

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$180m given to Nepal to tackle power shortages

$180m given to Nepal to tackle power shortages

Nepal has received a loan worth $180m (£105m) to help tackle the nation’s crippling power shortages. The Nepal Electricity Authority (NEA) will use the money to upgrade and expand transmission and distribution lines and substations, allowing the transfer of up ...

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