In the fifth instalment of our Fine Times Table series we look at the energy market since our 2009 inception and the number of times, and amount, the Big 6 energy suppliers have been fined for various market misdemeanours. It had been a quiet few months for Ofgem after a busy end to 2014 fining suppliers and generators […]
SNP join Miliband’s madness
It’s spreading! Whether it’s a disease of economics-itis (the fear of and base mis-understanding of simple economic principles), or political opportunism, or simply the curse of the career politician, the SNP have joined the energy policy madness. The Scottish National Party have given support to Labour’ continued commitment to forcing energy companies to freeze energy […]
Business Juice Create New Infographic to Explain ESOS Scheme
Further to their launch of a nationwide ESOS Audit service last month, business energy broker Business Juice has created an eye-catching infographic to help communicate the key points about the Energy Savings Opportunities Scheme. Your Guide to the ESOS Scheme ESOS Scheme Deadline The ESOS scheme has a deadline of December 2015 which will require […]
The business energy ‘confusopoly’ cure
Energy customers have to spend too much time on dealing with their energy contracts because of ‘deliberately confusing’ bills that put them off shopping around for a better deal, CentreForum has claimed. CentreForum claimed that suppliers are operating a ‘confusopoly’ whereby customers are unable to work out whether or not they are getting a good deal […]
OPEC’s oil price games take a twist
The oil price, albeit from its on-going historically low base, has risen dramatically in recent weeks, up 10% on the last week alone. Now the International Energy Agency (IEA) has raised its regular forecast for demand this year and suggests that the oil price trend looks set to continue an upward trajectory. The IEA points […]
Lib Dems red circle green policies
Deputy prime minister Nick Clegg states that the Liberal Democrats’ green policies will not be up for negotiation if the party is approached to form a second coalition government. Well, what a relief to see our Lib Dem leader has grown a backbone ready for the 2015 elections. Shame we’re not quite convinced though Nick, […]
UKIP Play it Coal – Backing Power Stations
UKIP have announced their plans to back coal fired power stations and seek private funding to develop “new, efficient plants”. They’ve pledged to remove all government subsidies for wind and solar power and scrap the carbon tax. So it’s no carbs for Farage. Not good news for the Green party who are pledging to increase […]
LNG imports push energy prices lower
More fun from the global complex that is energy this week as good news hit the UK energy market with energy prices falling thanks to stilted demand in Asia. The downturn in Asian gas requirements and plunging oil prices means that Liquefied Natural Gas (LNG) importers have had to find new buyers and the UK […]
The Great Energy Debate
With the general elections drawing ever closer, energy has come under close scrutiny with regard to most parties’ manifestos. But with promises being thrown around left, right and centre, which party has the nation’s best energy interest at heart? The Green party have today announced that they might back a Labour government. However, they quickly backtracked, […]
CMA implementation doubts resurface
It must be catching, after Caroline Flint’s wilful disobedience towards the CMA, the Competition and Markets Authority Investigation into the energy markets, Secretary of State for Energy and Climate Change Ed Davey fleetingly appeared to have joined the list of cconscientious objectors to the investigation. The CMA had been called to make the energy market […]