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Lawyer proposes all island renewable energy policy

A leading energy lawyer here has called for an island regime to support renewable energy. Richard Murphy of Pinsent Masons made the recommendation at the Northern Ireland Energy Forum held in Belfast on Sept 10. He said mirroring legislation from Eng...

Last updated on 11/05/2016

Wholesale cost of energy drops to new low

The firmus Energy Index touched a new low in July as world markets continue to be swamped by a surplus of oil. The Index, which tracks wholesale fuel prices in Northern Ireland, dropped to 74. That’s the lowest figure recorded since the benchmark was...

Last updated on 11/05/2016

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

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

Oil price hike pushes up wholesale energy costs

An increase in the price of oil during April lifted the firmus energy Index to 91. Month on month the cost of a barrel rose 17 per cent. Oil is more expensive now than at any time since the start of January. However, the overall cost of energy rem...

Last updated on 11/05/2016

Wholesale energy prices dropping again

Rises in wholesale fuel prices in February have almost entirely reversed during March. The firmus energy Index dropped ten per cent last month to finish at 82, just above the mark it reached in January 2015.   The strengthening of the world...

Last updated on 11/05/2016

Curb on Green Power

A new discussion paper issued by DETI reveals the profound impact that reform of the electricity market across the UK will have on the renewable energy industry in Northern Ireland. Don’t be misled by its bland title: CFD Implementation in NI–Strateg...

Last updated on 11/05/2016

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