News

Westminster Outlook Boris Johnson's plan to replace Heathrow Airport with a four-runway mega-hub on the Isle of Grain in Kent is a curious thing. The London mayor's own submission to the Airports Commission last summer concedes: "National Grid's LNG (liquefied natural gas) facility… on the south-east side of the island, is too tall and too close to the proposed airport site."

Solar flares have the capacity to create super-storms that trigger electricity blackouts

British space-weather centre will give advance protection from solar super-storms

Britain will next year have its own space-weather centre for predicting the arrival of solar “super-storms” that can trigger electricity blackouts across whole cities and knock out GPS satellites, the Government will announce today.

What the Sunday papers say

Independent on Sunday: Duke may be called as witness in property deal

The Duke of Westminister could be called as a witness in a multimillion-pound legal wrangle over a house he sold in London’s Eaton Square, in 2007. The house was sold on in 2010 for £20.5m, and the proceeds from that 2010 sale have been frozen by a court order. There is no suggestion of wrong-doing on the part of the Duke.

Factories will be paid to switch off their electricity during times of highest demand next winter

Ofgem's plan to keep the lights on: Factories to be paid to cut back electricity use

The initiative is aimed at the highest industrial users of power who will be encouraged to switch maximum output away from afternoons and evenings

Nick Clegg has challenged the big energy companies to 'come clean'

Government in £300m energy bill rebate

The Government is reportedly planning a £300m rebate to help with the rising cost of energy bills.

National Grid boss warns of 'tighter' energy supplies as first-half profits slip

National Grid chief says political interference is putting investors off financing crucial new UK power generators

London Mayor Boris Johnson’s ambitions to build an airport in the Thames Estuary has been dealt a major blow by Centrica’s £4.4bn deal

Centrica's gas deal may scupper Boris Johnson's plans for Thames Estuary airport

British Gas owner's £4.4bn LNG contract makes Mayor's plans 'unworkable'

Risk of electricity shortages could be 'highest in ten years' this winter

UK faces winter power rationing as risk of blackouts rises

Industrial users of electricity would be first to face usage restrictions

The City names Fiona Woolf to be second female Lord Mayor of London

City lawyer Fiona Woolf has been named as the 686th Lord Mayor of London. She will be only the second woman to hold the post.

Market Report: Fear of price freeze dulls energy shares

The plug was pulled out from energy shares yesterday after the market decided comments from Labour leader Ed Miliband could be disastrous for the utilities sector.

Lights will stay on, vow ministers amid grid fears

Ofgem warned spare capacity in system could drop to just 2 per cent by 2015

Pay firms to ration electricity use says National Grid as government insists the 'lights will stay on' despite blackout Britain warnings

The National Grid has suggested large consumers could be asked to decrease use between 16:00 and 20:00 on weekdays in the winter

Blackout Britain: Ofgem warns danger of power shortages has significantly increased

Ofgem said the findings "illustrates the need for the timely implementation of the Department of Energy and Climate Change's capacity market"

Market Report: Dividend fears cause National Grid tumble

The power was pulled from National Grid amid fears of a dividend cut as the wider London market also took a tumble yesterday. Vague rumours that the energy company could cut its dividend sent it to the bottom of the benchmark index.

The Business Matrix: Monday 29 April 2013

ENRC braced for fraud office probe

What The Sunday Papers Said

The Independent on Sunday: National Grid risks strike to cut pension deficit

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