US nuclear energy industry receives boost of $67 m

US nuclear energy industry receives boost of $67 m

The US Department of Energy (DOE) has provided grants to nuclear energy research and development projects of nearly $67 million. A total of 83 projects were selected from across the country based on their potential to create “scientific breakthroughs” that ...

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Former CEO of npower joins sustainability board of trustees

Former CEO of npower joins sustainability board of trustees

. The former chief executive officer of RWE npower Volker Beckers has joined the board of trustees for sustainability charity Forum for the Future. There are five new additions to the board, with Beckers saying in a statement that he’s ...

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Anti-fracking demonstrators block HQ doorway

Anti-fracking demonstrators block HQ doorway

DEFRA’s headquarters was blocked by activists this morning who glued themselves to the entrance to the department, angry that an official report had not included the potential effects of hydraulic fracturing or fracking on house prices. Staff at DEFRA was ...

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Npower profits drop 38% in first half of the year

Npower profits drop 38% in first half of the year

Energy giant Npower announced a drop in profits on the first half of 2014 by 38%. From January to June last year profits dropped from £176 million to £109 million this year, according to the first half figures. They lost ...

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ABB won an order of $30 million for UK offshore windfarm

ABB won an order of $30 million for UK offshore windfarm

Giant in engineering ABB has won an order of $30 million (£18m) to supply high-voltage cable to an offshore windfarm in the UK. It will design and commission the 25-kilometre submarine cable and related offshore substation cable that will transmit ...

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North sea oil company announces boardroom cuts

North sea oil company announces boardroom cuts

  Trapoil who is a London based North sea oil company, has announced it needs to have a boardroom clearout to cut costs. Chairman Simon Bragg has resigned with immediate effect. The company’s CEO Mark Groves Gidney and Chief Operating ...

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Good Energy saw increase of 36% in it’s customer base

Good Energy saw increase of 36% in it’s customer base

Good Energy’s customer base saw an increase of 82% for gas and 35% of electricity in June compared to 35% last year, with the total number increasing from 97, 000 to 132,000. “Our strong customer growth so far this year ...

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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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