Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I can’t see the closures happening that early, there won’t be enough generation now let alone with another 6 gig off the bars. Unless it is unsafe to do so they will continue to generate. Base load non carbon generation will continue until new nuclear replaces it
I can’t see the closures happening that early, there won’t be enough generation now let alone with another 6 gig off the bars. Unless it is unsafe to do so they will continue to generate. Base load non carbon generation will continue until new nuclear replaces it
https://www.thetimes.co.uk/article/nuclear-closures-pose-power-puzzle-d6bnnnrcs
I see Chevron have purchased Noble $13 billion oil and gas assets today hopefully a sign that Spirit may be a viable sale in the not to distant future. Reducing debt and all the cost cutting should start a turn around... hopefully ??
That is a despicable thing to do, but I did wonder about Centrica pay rates. I had a new central heating system fitted by Centrica, an excellent job with first class technicians. I used to be a shift manager with Centrica on a large power station and earned a good salary On shift with 30 years experience . The guy who measured up for my heating system earned £10000 a year more On days Plus bonus. Best of luck to him but levels of responsibility are at nearly at both ends of the spectrum. I hope everyone is ok and the price cap and dreadful management has led to this awful situation
Just when you think things are improving
https://www.thetimes.co.uk/article/this-is-not-the-time-to-switch-to-gas-b3nflzczf
https://www.thetimes.co.uk/article/british-gas-hits-back-with-low-cost-rival-of-its-own-xn5wphj2g
Get rid of all the gremlins then introduce this to the parent company
Well written, they certainly don’t deserve that and this is happening because of a poor Chief Executive and good old Ed Miliband raising the idea of a price cap and then Theresa May capitulating and introducing one in a market that was already favourable small providers eg green taxes. I would think throughout the energy industry this has cost 15- 20,000 jobs, reduced their pensions and T&c’s. Good old Labour
Read the article in the Times today, it appears to be very likely!
https://www.thetimes.co.uk/article/cracks-are-starting-to-show-in-nuclear-power-generators-5hhwhvpm7