UK tax change will hit energy distributors first, end-customers likely to follow
UK Chancellor George Osborne has just revealed plans to implement a significant change in tax rules, designed specifically to prevent businesses claiming capital allowances for costs met by other firms, a news report reveals, with gas and electricity distributors being directly affected.
UK hospitality industry wastes £180m a year on energy
Old and less than efficient equipment and control technology are blamed for the huge energy wastes recorded in the hospitality industry, amounting to a staggering 180 million pounds a year, according to a recent research report.
UK’s shale gas resources might be huge, IGas claims
The debate regarding the future of shale gas exploration is far from over, and now, one of the companies actively involved in drilling and exploration activities, IGas, claims that UK’s gas reserves might actually be large enough to last for decades.
UK forced to implement tougher energy market rules by July
The UK government will be forced to introduce shortly tougher regulations on the energy market, in order to comply with the EU regulation on wholesale energy markets and transparency (Remit), a news report reveals.
London Mayor Boris Johnson launches RE:FIT Schools Energy Efficiency Programme
Educational institutions in the London area may save an impressive £32m and cut carbon emissions by more than 125,000 tonnes over a ten year time frame, should they decided to enroll in a new energy efficiency scheme, introduced yesterday by London Mayor, Boris Johnson.
HeatingSave School Promo – make your budget go further, slash 20% of your heating bills
Over the past couple of years, energy bills have really sky-rocketed, becoming a real burden on the schools’ and other educational institutions’ yearly budgets.
OFGEM to further investigate energy market over rigging allegations
Although it’s yet to be actually granted the new, extended powers provided under the REMIT legislation, the OFGEM seems keen on making its presence more felt on the UK energy market, the regulator announcing the fact that it plans to widen i
Centrica shows interest in British shale gas, rumour has it
Centrica, the parent company of the much more famous British Gas, one of the UK’s energy suppliers, is apparently eyeing a shale gas – related partnership with Cuadrilla Resources, the first company to have drilled for shale gas in the UK.