T: 01242 620894 E: info@mypoweruk.com

Here is another reminder of how the energy giants hold the sway of power

Lest anyone should forget that all energy infrastructure projects suck at the teat of state subsidy, not just renewables, here is another reminder of how the energy giants hold the sway of power.

Read the full story at the Gloucestershire Echo.

EDF, French (state) owned, has downed tools at the new Hinkley Point nuclear power plant in Somerset until they can extract as much from the government as possible. The problem is, as parliament is now dissolved and we may face weeks of horsetrading before we have a functioning government, the conclusion isn’t imminent.

The truth is that any large scale, centralised energy generation project will never be built in the UK without a state backed guarantee to pay a fixed, high price for the power it generates for decades after it is first switched on. Nuclear, like solar PV emits no carbon once generating; the day when solar ceases to require subsidy is not far away. The same will never be said of nuclear energy which will continue to require huge state guarantees and dependence on foreign operators and capital.

News Headlines

Tesla will soon face serious EV competition from Porsche

Gas, nuclear and coal generators told to produce less electricity this summer

British Gas is increasing the cost of energy by 5.5% this month

VW is still dealing with the fallout from #dieselgate in the US

Audi is joining the all electric club with a new SUV

UK electricity demand being generated by renewables just keeps growing

Saudi Arabia is going to build the world's largest solar project

Electric air transport on the horizon

Spat between Aston Martin and Rolls Royce

National Grid planning a network of superfast chargers at UK motorway services

California is racing towards a solar future

Porsche and Daimler Benz increasing EV commitments

UK industry pays 33% more for electricity than the rest of Europe

Former Energy Minster pleas for government to bankroll expensive Swansea tidal lagoon

Gloucestershire drivers are leaders in the electric car uptake

A compelling business argument for solar

The potential for solar across Africa is huge

UK's reliance on imported gas could soon backfire

Fuel forecourt operators have a serious choice to make with EV charging

Mypower shine to win another Solar energy award