Rises in wholesale fuel prices in February have almost entirely reversed during March. The firmus energy Index dropped ten per cent last month to finish at 82, just above the mark it reached in January 2015. The strengthening of the world...
The Single Electricity Market isn’t that old but its days are now numbered. It is to be replaced by the Integrated Single Electricity Market or I-SEM by the end of next year. The reform is driven by Brussels which has noted how cross border trading o...
A new discussion paper issued by DETI reveals the profound impact that reform of the electricity market across the UK will have on the renewable energy industry in Northern Ireland. Don’t be misled by its bland title: CFD Implementation in NI–Strateg...
Now that the electricity suppliers have announced their new tariffs, who is offering the cheapest deals? I have used the new estimate of average consumption which is 3200 kWh a year. Standard default tariff which is the most expensive option Budge...
The cost of gas, which is the main fuel used by power stations, has dropped year on year by about 20%. So why is the price of electricity coming down by just 5% as evidenced by the Budget Energy announcement? Put plainly, wholesale fuel costs ar...
The renewables industry breathed a sigh of relief when the Industry Minister announced the new rates of subsidy for small scale solar PV – that’s installations up to 50 kW. Originally it was proposed to cut the rate of support from 4 ROCs to ...
In about a month’s time the Energy Regulator will announce a new electricity tariff for Power NI. Before that happens SSE Airtricity has moved to adjust some of its key rates. Two year contract deals are being revised. They now offer up to ten cen...
Budget Energy has emerged on top in a customer satisfaction survey conducted by consumer organisation Which. The North West based electricity supplier scored 61 points, significantly ahead of its rivals. Gas supplier Firmus came second with 53 fol...
The Energy Regulator across the water has brought in reforms to ensure that customers checking tariffs on price comparison sites get the full picture. Among the key reforms introduced by Ofgem: Banning a default partial view. Sites must show all t...
You probably haven’t heard of what is effectively Northern Ireland’s fourth biggest power station and you’ve certainly never seen it. And yet it’s been going for four years and and it exists all around you. With the capacity to deliver 74 MW iPower...