Since it first became clear that the wholesale price of electricity had markedly shifted upwards, explanations have been offered to explain the change. Just to recap: the wholesale cost of power has been around £30 a MWh or 3 pence a kWh for many ...
There’s one clear message coming through about the North South Interconnector. If the power link isn’t built, the lights may very well go out. Both the Energy Regulator and the company which operates the electricity system have issued statements to t...
For those who keep an eye on the cost of energy, recent developments in the wholesale markets have raised a few eyebrows. Oil, gas and now electricity have been rising sharply in price. For much of this year the wholesale price* of a unit of elect...
On those days when the sun is shining but the wind isn’t blowing, our wind turbines sit idle.At ten thirty this morning wind farms were meeting just two per cent of our electricity demand. Filling the gap have been generators burning gas but also coa...
How big is Northern Ireland’s heating oil market? As far as I know there are no official figures but on the basis of some national energy statistics, it’s possible to make a reasonable guess.Across the UK on average 1,970,000 tonnes of so called burn...
Now that Stormont has put smart metering on the long finger, is there another way for consumers to catch up with the rest of the UK, help manage demand for electricity more efficiently and most importantly get rewarded for their co-operation?The solu...
It’s emerged there is no plan to offer homes along the Northern Ireland section of the proposed North South Interconnector the same compensation as their counterparts in the Republic. The General Manager of SONI, the body which operates the electric...
UK drivers suffer the highest diesel prices in the European Union. The average cost of a litre in July was 112. 7 pence. The lowest price was in Luxembourg at 77.7 pence per litre.The high UK diesel prices are mainly due to taxes. These made up nearl...
Evermore Energy, the company behind the proposed 400 MW gas fired power plant in the Belfast Harbour Estate, has told an influential House of Commons committee that it intends to be operating commercially by 2019 subject to planning and financing.In ...
For those who believe that climate change is now under control, there was a timely warning last week from Copernicus, the EU’s earth monitoring service.Copernicus revealed that July was the hottest month the world has seen since records began in the ...