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Centrica plc

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Article archive for Centrica plc;

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Centrica Business Solutions - Hazardex 2019 Exhibitor Profile 27 November 2018

Inspecting electrical equipment, training your staff and meeting regulations are all key to improving your business performance and keeping your people safe. But they are also time consuming and can interrupt your productivity. What businesses need is an energy partner who can help them take control of their electrical infrastructure: the equipment and its maintenance, the energy it uses and how it’s consumed, and training for the people who use it....

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Get 10% off CompEx training with Centrica Business Solutions 07 August 2018

Centrica Business Solutions is pleased to offer Hazardex readers 10% off any CompEx course running at their Rotherham training centre*. This includes CompEx Ex01 – Ex04, CompEx Ex01 – Ex04 Refresher and CompEx ExF Foundation. ...

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Centrica to shut UK's main offshore gas storage site 20 June 2017

The Rough field, the UK's biggest natural gas storage site under the North Sea, will be permanently shut by operator Centrica because of the age and poor condition of injection and recovery infrastructure. Rough accounts for about 70% of the country’s gas storage capacity and a lack of alternative storage facilities is likely to increase dependency on imports and gas market volatility....

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Centrica says Europe will rely on Russian gas for years to come 05 May 2015

Europe will remain dependent on Russian gas for years to come, Centrica chairman Rick Haythornthwaite told shareholders on April 27. He said suggestions that the EU could replace it from other sources were unrealistic. Centrica owns the largest UK suppliers of domestic gas, British Gas and Scottish Gas....

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Anglesey tidal and wind power projects cancelled 02 September 2014

A £70m tidal project off Anglesey that would have powered 10,000 homes and created dozens of jobs has been suspended. The 10MW Skerries Tidal Stream Array, which was to be Wales’s first commercial tidal energy farm, was approved by the Welsh Government in February 2013. This comes just weeks after the collapse of a large windfarm project, also off Anglesey....

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Centrica statement confirms focus on flexible small-scale power generation 13 May 2014

On May 8, Centrica gave a business update and full year outlook, which provided long term investment details, announced a strengthening of its strategic relationship with Qatar Petroleum International (QPI) and a refocusing of investment in UK power generation....

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UK competition watchdog to investigate UK’s Big Six energy companies 27 March 2014

UK energy regulator Ofgem has asked the Competition and Markets Authority (CMA) to rule on whether the Big Six energy suppliers' rises in prices and profits were due to lack of competition. This follows a report by the regulator which found "possible tacit co-ordination" on the size and timing of price rises, but did not accuse the major energy firms of colluding over prices....

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UK Labour Party energy price freeze proposals provoke backlash 25 September 2013

Labour party leader Ed Miliband faced a backlash from energy companies on September 25, after pledging at his party conference to freeze energy bills if he becomes prime minister. The Labour leader was warned his proposal to freeze gas and electricity prices for 20 months would lead to lights going out across the UK. ...

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Centrica abandons plans for two gas storage projects 23 September 2013

British Gas owner Centrica has shelved plans to convert the depleted Baird gas field in the North Sea into a gas storage site, and to transform the smaller Caythorpe gas field in East Yorkshire into a "fast-cycle" storage facility. The energy giant blamed the Government's decision not to subsidise investment in new gas storage and "weak economics" for axing the projects....

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News Extra: US Energy Information Administration says UK has “substantial” shale prospects 26 July 2013

An EIA report entitled 'Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States' considers the UK to have  substantial volumes of prospective shale gas and shale oil resources within shale formations distributed in the northern, central and southern portions of the country....