Government meddling to blame for energy bill rises, report says
Electricity prices have soared because of constant intervention in the energy sector by successive governments, a Parliamentary report has found.
Electricity prices have soared because of constant intervention in the energy sector by successive governments, a Parliamentary report has found.
Gas and electricity giant EDF has seen annual UK earnings slump by 29% after suffering intense competition from rival suppliers and lower wholesale energy prices.
EDF will be allowed to delay planned outages at two nuclear reactors involved in a safety probe to help the utility meet demand as a cold snap looms next week.
EDF is to cut variable gas prices by 5.2% from January, and freeze variable electricity prices until March before an 8.4% rise.
SBM Offshore has won a contract with EDF for work on a pilot floating windfarm for its Provence Grand Large project.
Amec Foster Wheeler said it has secured a framework agreement to provide engineering consultancy services to EDF Energy's Coal, Gas and Renewables (CGR) division.
The boss at French utility firm EDF said the company is doing its best to satisfy the country’s nuclear safety regulator, which has concerns about its reactors, a news report said.
French utility EDF said it has postponed the restart of five of its nuclear reactors until the end of the year.
EDF has postponed the restart of its 900 MW Gravelines 2 and the 900 MW Dampierre 3 nuclear reactors until the middle of November from later this month.
The boss of EDF said he hopes more offline nuclear reactors could return to production before the end of the year.
Npower, Scottish Power and First Utility have fared worst in a bi-annual survey of customer service to record the highest proportion by far of “very dissatisfied” complainants.
The UK boss of French utility EDF has warned British ambitions for nuclear power will face a number of challenges.
At an estimated cost of £30 billion to the bill-payer, the new Hinkley Point nuclear power plant has sparked accusations of being a huge white elephant.
The decision to go ahead with the Hinkley Point C nuclear power station comes after Theresa May ordered a review of the project shortly after taking office, amid concerns over costs and security implications.
The Hinkley Point C nuclear power station will go ahead following a “new agreement” with EDF, the Government has confirmed.
This footage shows how the Hinkley Point nuclear project could be constructed.
A joint venture between Amec Foster Wheeler and EDF Energy Renewables has bought the biggest planned green power development on the Western Isles.
Speculation is mounting that the Government is set to give the go ahead for the first new nuclear power station to be built in the UK for a generation, creating thousands of jobs.
A poll has shown support for the Hinkley Point nuclear power station is at an 'all time low', according to reports.
Britain’s relationship with China is at a “crucial historical juncture”, the Chinese ambassador in London has warned, as the Government prepares to make a decision on the Hinkley Point nuclear project.
EDF Energy Renewables today announced the launch of its six turbine wind farm in the Ochil Hills near Stirling. The Rhodders wind farm is located near EDF’s existing Burnfoot Hill and Burnfoot North developments to the north of Tillicoultry, Clackmannanshire. The latest addition takes EDF’s combined electricity generation capacity in the area to 42 megawatts (MW), which is enough to cover the average annual demand of all the homes in Clackmannanshire.
A board member of EDF has resigned just before a meeting of the French energy giant which is expected to give the go-ahead to build a new nuclear power station at Hinkley.
France plans to invest around €3billion into EDF after a decision by shareholders.
The price the Government will have to pay EDF for generating energy from the new Hinkley nuclear power station will rise to nearly £30 billion, a spending watchdog has estimated.
EDF has bought a majority 80% stake in UPC Asia Wind Management (AWM) to enter China's wind energy market.