As the war in Ukraine surges in Europe and China, global coal consumption will reach an all-time high.
Igas Energy PLC (AIM:IGAS) Operations Update
IGas, the UK onshore energy company, provides the following operations update.
The perfect storm in the UK causes energy prices to soar
On Monday, energy prices rose as the UK switched to gas due to the lack of wind and the cold snap.
National Grid orders coal plants to fire up to avoid blackouts
National Grid has noticed two of its reserve coal-fired power stations start up in Britain’s efforts to avoid blackouts.
SIMEC Atlantis Energy (AIM:SAE) BESS project receives conditional planning consent
Battery Energy Storage Project at Uskmouth receives conditional planning consent
UK more vulnerable to blackouts this winter, warns Labour
It has been claimed that delays to a government plan to deal with national emergencies have made the UK more susceptible to blackouts in winter.
Energy companies accused of using smart meters for ‘disconnecting customers through the back door’
Energy companies have been accused of disconnection of households by moving them to smart meters for pre-payment to disconnect them “by the backdoor”.
National Grid will activate an emergency winter plan tomorrow following French nuclear outages
After energy prices rose amid falling temperatures, the UK’s electricity network operator is ready to activate its emergency snow plan.
Supreme Court rules Holyrood does not have power to hold a second referendum on Scottish independence
The Supreme Court ruled that Holyrood doesn’t have the power to legislate for a second referendum on Scottish independence. This is without permission from the UK Government.
Jeremy Hunt is reportedly preparing to hit electricity generation companies with a 40% windfall tax
According to a report, the Chancellor will levy companies that have ‘excess returns in an effort to reduce the cost of living.
Igas Energy PLC (AIM:IGAS) Response to Written Ministerial Statement on Shale Gas Development
IGas is shocked and disappointed that the UK Government has now formally announced another moratorium on fracking in England through the release of a Written Ministerial Statement (WMS) at the
Paris turns off the lights, as blackouts could spell doom for Macron
Paris has decided to turn off the flashing lightshow of the Eiffel Tower an hour earlier than usual as it tries to reduce its energy consumption.