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Monthly Archives: December 2013

Controversial oil and gas law signed by Mexican president

A controversial law which allows foreign companies to drill for oil since the sector was nationalised in 1938 has been passed by Mexican president Enrique Pena Nieto. Congress passed the legislation on 13th December which was also approved by a majority ...

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Thames Water changes it’s mind on bill hike attempt

Thames Water changes it’s mind on bill hike attempt

Thames Water made an appeal in October against Ofwat’s decision to reject Thames request to an interim increase of £29, or an 8% increase in customers bills. But Ofwat again stated last month that the evidence supplied by the company ...

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Europe risks failing to meet 2020 smart metering targets

Europe risks failing to meet 2020 smart metering targets

According to a new report from the research firm Berg Insight, Europe is likely to fail in meeting the target of covering 80 percent of the electricity customers with smart meters by 2020. Germany’s decision not to deploy smart meters ...

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Queen gives UK Energy Bill her seal of approval

Queen gives UK Energy Bill her seal of approval

  The UK energy Bill has become law today, after receiving the Royal Assent into the House of Lords this morning. The Royal Assent is when the Queen formally agrees to make the bill into an Act of Parliament after ...

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60% of the UK could be suitable for fracking

60% of the UK could be suitable for fracking

A government commissioned report says that up to 60% of the UK may be suitable for fracking. The DECC report compiled by AMEC suggests that up to 2,880 wells could be drilled for the extraction of both oil and shale ...

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Consumer Futures chair appointed by Ofwat

Consumer Futures chair appointed by Ofwat

Christine Farnish, the Consumer Futures chair has been appointed by Ofwat as a non-executive director. The appointment of Farnish will provide the board with consumer expertise as it struggles to keep water bills down through it’s price review process. Christine ...

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Centrica to take over Bord Gais Energy

Centrica to take over Bord Gais Energy

    Centrica is set to take over irish state-owned energy firm Bord Gais Energy as part of a €1.12 billion deal. The company was named the preferred bidder on Thursday as part of a consortium of UK and Canadian ...

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Uswitch survey shows that consumers happier with smart meters

Uswitch survey shows that consumers happier with smart meters

Households that have a smart meter installed are happier with their suppliers, according to a new survey by Uswitch.com. The survey showed that 92% of households are happy with their smart meters and 87% would recommend it to others. 12% ...

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Energy Management Services Could Save UK Households over £6 Billion

Energy Management Services Could Save UK Households over £6 Billion

Maingate, a European ICT company focused on the energy sector announced today the publication of the white paper “The Perfect Storm”, which details the benefits to utilities and households of rolling out Home Energy Management Services in the UK. The ...

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£500 million overcharge bill to hit water companies

£500 million overcharge bill to hit water companies

According to the Orange Partnership, contractors in the water industry are overcharging through staffing costs. The overcharging has formed part of several uncovered charges which is estimated to cost the industry more than £500 million from 2010-2015. Phil Joyce , ...

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