This article could be subtitled; why your energy bills have been falling even when there was no movement in the cost of gas and electricity. Ten years ago, according to the Department for Business, Energy and Industrial Strategy (BEIS) , the average ...
Wholesale energy prices here fell by nearly 18% in February as increased imports into the UK of LNG combined with mild weather continued to push prices downwards. However, the Vayu Energy Report shows that despite this substantial drop wholesale pric...
The announcement of a 7.6% increase in the cost of gas for homes and small businesses in Belfast comes after a surge in the wholesale cost of fossil fuels on world markets.The new tariff which has been approved by the Energy Regulator takes effect on...
Gas prices are being reviewed by the Energy Regulator and the new tariffs when they're announced will kick in at the beginning of AprilWe’ll know soon enough what the new costs will be but for what it’s worth here’s my prediction. It’s a very rough a...
The Energy Regulator has rejected a claim that exports of electricity to Great Britain have been a major cause in driving up the wholesale cost of power here.In a note to enirgy.info detailing the background to the recent rise in prices, the Regulat...
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 ...
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...
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 ...
Perhaps it was the sunny weather but whatever the reason, there was quite a lot of energy news this week. And most of it was positive.Topping the list was the revelation that the same brothers who have created a biomass power plant at Lisahally in De...
