Private sector put 20 Olympic stadiums' worth of cash into energy

The private sector put enough cash into the UK to build the Olympic stadium 20 times in 2012, according to a new report prepared by EY for trade body Energy UK. The ‘Powering the UK 2013’ report released today found £1.6billion more was invested in the UK energy sector last year than in 2011, rising […]

'Water has had detrimental impact on half of businesses'

Problems with water supply have had a detrimental impact on business in the last five years, for half of the big companies surveyed in an annual global water report. The non-profit organisation  CDP used data provided by 180 companies listed on the FTSE Global 500 Equity Index and found the percentage of companies predicting that problems […]

The Market Report – 27th August 2013

Find out the latest news on the energy market from Ben Spry, npower’s Client Portfolio Manager, in this weekly update. If you are blocked from seeing this video and would like your own download, please email [email protected]

Move over shale gas – shale oil could boost world GDP by $2.7tn

Shale gas has been hailed as a game-changer after it’s gushing success in the United States – but it’s lesser known sister could have an even bigger impact, according to new research. The global impact of shale oil – which is extracted the same way as shale gas – could “revolutionise” the world’s energy market […]

Offshore wind could boost GDP by “huge” 0.6%

Economists say offshore wind could boost the UK’s gross domestic product (GDP) by a huge 0.6% and create nearly 175,000 jobs by 2030. In the short term offshore wind could boost GDP by 0.2% in the next three years. That’s according to a new report from the independent Centre for Economic & Business Research (CEBR) […]

Wind sector growing twice as fast as EU economy

Wind power is a “recession-busting” industry which is countering the economic problems of the European Union. That’s the claim from the European Wind Energy Association (EWEA), which says the wind sector grew more than twice as fast as the EU’s economy in 2010. The figures from the ‘Green Growth’ report released yesterday suggest the sector […]

Exempt major energy users from Carbon tax

Energy intensive manufacturers should be exempt from the Carbon tax says the CBI otherwise we risk making the UK uncompetitive. In a new report published today, it said the Government had to ensure energy-intensive manufacturers are not undermined by rising costs and climate change energy policies. The report entitled Protecting the UK’s Foundations: a blueprint […]