A decrease in both gas and electricity prices drove the Bord Gais Energy Index 1% lower for the month of December but it was 5% higher for 2011 as a whole. The ongoing European sovereign debt crisis, fears about global economic growth in 2012 and a mild start to the winter across Ireland, the UK … Read more
The Government has introduced a new, legally binding, low sulphur standard for coal used in the residential market. All bituminous coal placed on the market for residential use must now have a sulphur content of no more than 0.7%. Approximately half a million tonnes of bituminous coal was imported last year for use by Irish … Read more
The International Energy Agency has released its first Clean Energy Progress Report, which assesses global deployment of clean energy technologies and provides recommendations to countries on future action and spending. The report finds that while impressive progress has been made in developing clean energy technologies in recent years, the success stories are being overshadowed by … Read more
A new biogas power station in the UK showcases how in future cities and towns will be powered by locally produced energy. The facility, built near the English town of Cirencester, is powered by agricultural biomass, including chicken litter and pig manure, allowing residents to benefit from this low cost alternative to oil, coal and … Read more
The Confederation of British Industry (CBI) is warning that plans to hand back powers to ministers to approve major infrastructure projects could lead to further delays in building vital energy schemes in the UK. The UK’s leading business group says the Government’s decision to replace the independent Infrastructure Planning Commission (IPC) with a Major Infrastructure … Read more
The Bord Gais Energy Index (BGEI), an Irish-specific index designed to measure the prices in the wholesale energy market, decreased by 1% in July. The recovery of the Euro versus Sterling and the US Dollar helped mitigate increases in some of the individual Energy Index components. Had the Euro been unchanged versus the US Dollar … Read more
Renewable energy sources accounted for 62% (17GW) of the new electricity generation capacity installed in the EU27 in 2009, according to the ‘Renewable Energy Snapshots’ report, published recently by the European Commission’s Joint Research Centre (JRC). The share rose from 57% in 2008. For the second year running, wind energy accounted for the largest share … Read more
Having called for an energy technology revolution to tackle climate change and enhance energy security and economic development, the International Energy Agency (IEA) is seeing the first signs of this happening across the globe. However, it cautions that more needs to be done to achieve the necessary long-term cuts in CO2. The new IEA study … Read more