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Npower accused of dodging £108 million tax payment

Npower accused of dodging £108 million tax payment

Npower has come under fire for offshore tax arrangement that apparently allows them to dodge £108 million of tax payments. RWE, the owners of Npower, have loaned £2.3 billion since 2008 through Maltese company Scaris according to a report by ...

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Scotland ahead of target on renewables

Scotland ahead of target on renewables

  The Scottish government is ahead of it’s target of 500MW of energy to be produced by community or locally owned projects for it’s 2020 Routemap for Renewable Energy. The latest figures reveal that (as of June 2012) more than ...

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Smart meter benefits prove popular with customers

Smart meter benefits prove popular with customers

According to a new report by O2, customers are attracted to smart home applications that smart meters provide. A YouGov poll that was commissioned by O2 showed that 60% of consumers liked the idea of a “home of the future” ...

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Industry experts give cautious support for Tory proposal to overhaul regulation

Industry experts give cautious support for Tory proposal to overhaul regulation

A new proposal to liberalise regulation of energy and water companies has gained approval, albeit cautiously, from industry experts. Conservative strategist, John Penrose MP has recommended that there should be a move away from constraining companies through licence conditions to ...

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Hinkley Point C suffers significant jobs cuts

Hinkley Point C suffers significant jobs cuts

EDF are cutting  a “significant number” of jobs at Hinkley Point C as most of the preparation work has now been completed prior to construction, and they are now “refocusing it’s activities”. Currently there are more than 800 employees and ...

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SmartestEnergy signs PPA worth £70 million

SmartestEnergy signs PPA worth £70 million

  SmartestEnergy the commercial electricity supplier has signed a Power Purchase Agreement worth £70 million. The deal with Low Carbon, an investment company with a focus on renewable energy production, is for up to 65 MW. There will be an ...

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Smart meters being installed in Manchester will save customers £65 a year

Estimated bills will end in Manchester, as smart meters are being installed  which will save the 25,000 householders across the city a total of £13 million a year once fully installed by 2019. Customers will only pay for energy they ...

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International Energy Agency says progress towards clean energy has stalled

International Energy Agency says progress towards clean energy has stalled

Maria van der Hoeven, executive director at the International Energy Agency (IEA) said that ” the drive to clean up the worlds energy has stalled”. Hoeven added: “Despite much talk by world leaders, and despite a boom in renewable energy ...

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Biggest threat to energy utilities is political intervention

Biggest threat to energy utilities is political intervention

According to an Ernst and Young report  launched today, changes to energy policies are the biggest threat to the future of utility companies. The report surveys 110 power and utility companies from 20 countries. Richard Postance, power and utility advisory ...

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£65,000 fine for South West Water as a result of toxic chemical spill

South West Water has been fined £65.000 for illegally discharging aluminium chloride into the East Looe river in Cornwall. The Environment Agency (EA) prosecuted the company after the spill was reported at the sewerage treatment works near the river last ...

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