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Fuel of the future

What is Europe's most significant renewable energy source? You might think wind given the number of turbines being erected from here right across the Continent. Or maybe you’d hazard a guess that the fall in the price of solar panels has pushed that ...

Last updated on 11/05/2016

Savings for oil buyers

Many of our least well off households have been able to buy energy supplies this winter at discount prices thanks to the rapid expansion of oil buying clubs.There are now 27 such clubs in Northern Ireland with over 1,700 members. Since last May they ...

Last updated on 11/05/2016

Turbines, toasters and televisions

The newly approved Cam Burn wind farm near Aghadowey will produce enough electricity to light up and power all the devices in 7,900 homes. That’s the claim by developer TCI Renewables. How do they work that out?They start off with the installed capac...

Last updated on 11/05/2016

Pulling the plug on renewables

When I first started to compose my thoughts for this article on renewable energy, there was still a hope that the Department of Energy and Climate Change in London would cut us some slack on support for new onshore wind farms. It wasn’t a big ask. Le...

Last updated on 11/05/2016

Why switching electricity supplier is not all about the money

What’s the problem with switching electricity supplier? You can interpret that question in a couple of ways. Is there any difficulty in making the transition from one supplier to another? No, there’s not. The process of changing over is straightforwa...

Last updated on 11/05/2016

Pricing power

A question I’m often asked is: why does electricity here cost so much? My response is that it could be worse. If we paid similar rates of VAT on energy as other countries, prices would be substantially higher. As it is, the cost of power for consumer...

Last updated on 11/05/2016

Lawyer proposes all island renewable energy policy

A leading energy lawyer here has called for an island regime to support renewable energy. Richard Murphy of Pinsent Masons made the recommendation at the Northern Ireland Energy Forum held in Belfast on Sept 10. He said mirroring legislation from Eng...

Last updated on 11/05/2016

Wholesale cost of energy drops to new low

The firmus Energy Index touched a new low in July as world markets continue to be swamped by a surplus of oil. The Index, which tracks wholesale fuel prices in Northern Ireland, dropped to 74. That’s the lowest figure recorded since the benchmark was...

Last updated on 11/05/2016

Wholesale energy prices near six year low

Continuing weakness last month in the global oil market has moved the firmus Energy Index close to a six year low. The widely regarded measure of Northern Ireland wholesale fuel costs fell by four per cent to stand at 84 in June. Oil prices had been ...

Last updated on 11/05/2016

New energy suppliers to break the mould?

Three new energy suppliers are set to make their presence felt over the next few months.Belfast based Open Electric has already declared its hand. It is building its appeal partly on a willingness to share its profits with consumersManaging Director ...

Last updated on 11/05/2016

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Home heating costs compared

Switching from one form of central heating to another is a challenging decision. Should you stay or should you go. It’s worthwhile checking how different fuels compare in price though past results are no guarantee of future performance.

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