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Wholesale energy prices near six year low

Continuing weakness last month in the global oil market has moved the firmus Energy Index close to a six year low. The widely regarded measure of Northern Ireland wholesale fuel costs fell by four per cent to stand at 84 in June. Oil prices had been ...

Last updated on 11/05/2016

New energy suppliers to break the mould?

Three new energy suppliers are set to make their presence felt over the next few months.Belfast based Open Electric has already declared its hand. It is building its appeal partly on a willingness to share its profits with consumersManaging Director ...

Last updated on 11/05/2016

Energy efficiency programme given an extension

The Northern Ireland Sustainable Energy Programme (NISEP) is to be extended for another year. It will continue until March 2017, the Energy Regulator has decided   NISEP is focused on improving energy efficiency with most of the effort dire...

Last updated on 11/05/2016

Launch of new electricity supplier

New energy supplier Open Electric has launched itself into Northern Ireland's competitive domestic electricity market with an offer which it claims differentiates itself from its rivals.   The Belfast-based company, which was established last year ...

Last updated on 11/05/2016

Wholesale energy prices nudge downwards

In a change from the norm, gas rather than oil decided the direction of wholesale energy last month. A steady stream of imported LNG (Liquefied Natural Gas) helped drive the firmus energy index down by four per cent which now stands at 87. Th...

Last updated on 11/05/2016

Electricity suppliers suspect tampering of 5000 meters

The scale of electricity meter tampering has been disclosed in a consultation document issued by the Energy Regulator. It appears that energy suppliers suspect around 5,000 meters are being interfered with. The extent of the losses from the theft inv...

Last updated on 11/05/2016

Air power for east Antrim

It sounds like science fiction but appears to be technologically feasible. A local renewable energy company wants to store compressed air deep underground – releasing it when needed to power electricity generators. Gaelectric, a major develo...

Last updated on 11/05/2016

Fifth of power needs from renewables

New figures issued by the Department for Enterprise show how the output of green electricity is still growing.For the 12 month period from April 2014 to March 2015, 19.9% of total electricity consumption in Northern Ireland was generated from renew...

Last updated on 11/05/2016

New wind farm plans under increasing threat

The future of subsidies for new wind farm developments is looking increasingly shaky in light of comments from the new Conservative Government and its Energy Secretary, Amber Rudd. The Conservatives said in their election manifesto that they would...

Last updated on 11/05/2016

Solar Farm Unveiled

Bombardier has just unveiled Ireland’s largest rooftop solar installation at its Belfast wing manufacturing and assembly facility on Queen’s Island. It comprises 14,000 PV panels which will generate 3000 MWh a year – equivalent to the electricity nee...

Last updated on 11/05/2016

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