Energydesk
Data:
Analysis reveals fracking likely in 38 South Eastern constituencies
Fracking is likely in 38 South Eastern seats according to an analysis reported
in today’s
Financial Times. Our analysis was based on data from the Department of
Energy and Climate change listing every onshore drilling license issued. We
then broke licenses down by county and filtered for licenses held by firms
which listed Fracking as one of their primary activities.
Factcheck: How much will renewable energy add to bills
We look at a report from the Renewable Energy Foundation that consumers will have to pay £600 to pay for renewable energy by 2020. Government figures suggest the bill will be closer to £65 a household – so why the big difference?
UK
If
‘everyone knew’ why was the oil market rigged?
The Observer argues that the failure of the Office of Fair Trading to spot
potential problems in the oil market shows, if nothing else does, the value of
Europe. It also points out that rigging
of the oil market will have had a big direct impact on the price of gas – as many
gas contracts are linked to oil.
Global
Germany
warns solar tariffs ‘grave mistake’
Germany's vice-chancellor and
economy minister put Berlin on a collision course with Brussels by warning that
imposing anti-dumping duties on solar panels from China would be a "grave
mistake". Philipp Rosler's statement came as Germany's leading
manufacturing industry organisation also called for urgent negotiations with
China to head off the threatened import duties, which are expected to be
announced formally by the European Commission in early June.
US
gas prices rise 5% in a week – thanks to possible exports
The mere possibility of exporting natural gas from the United States appears to
be pushing up the price. Bloomberg reported that natural gas prices rose by 5%
in a week after the US gave conditional approval to a LNG export project in
Texas. The rising prices – which remain lower than most of the rest of the
world - will put pressure on the US government to limit export licenses.
Goldman
Sachs to invest in Japanese renewables
Goldman Sachs is set to invest almost half a billion dollars over five years in
wind and solar projects in Japan. Japan is set to become the world’s second
largest solar market – after China – as the country races to replace closed
Nuclear power generation and cut gas imports.
