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The week’s top energy news

Energy news this week

Fracking gets the go ahead, The Sun demands a crackdown on energy firms, and could we soon be using Google Energy?!

Fracking: the arguments for and against –  Switch my Business

In one of the year’s most controversial moves, Sajid Javid has given the go ahead for exploratory fracking at a site in Lancashire. The move has caused cheers from some quarters, and outcry from others. In this article we look at why fracking is such a controversial subject, and what the main arguments for and against are. 

CEL: Major tech giant will enter UK energy market ‘within five years’ – Clean Energy News

The increased role of digital innovation in the energy sector has led Co-Op Energy to predict that a ‘major technology giant’, such as Google or Apple, will enter the market within the next five years. Whilst a number of internationally recognisable tech firms have shown interest in the energy market, none have so far made a move to sell energy to consumers or business. The entry of a global superbrand into the energy sector would have market-shaking potential, threatening the big six and independent suppliers alike.

The Sun demands a crackdown on the ‘big six’– The Sun

Research by The Sun has found that seven out of ten domestic energy consumers are on their suppliers’ most expensive tariffs, leading the paper to launch a campaign against the big six. The Sun claims that household energy customers are paying up to £389 a year more than those on the best tariffs. The campaign aims to ensure energy providers automatically transfer their customers to the cheapest deals available.  

Wind power is projected to more than double in developing countries and increase by one-third in developed nations by 2030 – The Guardian

This piece, by Anders Runevad of Vestas Wind Systems A/S, argues that global energy markets are shunning fossil fuels in favour of renewable energy, particularly wind power. Runevad states that renewables are proving to be cheaper and more competitive than fossil fuels, as well as providing long term reliability that fossil fuels can’t compete with.

Will we one day beam energy down from space? – PC World

A collection of Japanese engineers are investigating whether space-based solar stations could one day beam energy down to earth. If successful, the technology could potentially be used to send wireless power around factories, or provide electricity to areas affected by natural disasters.

For the latest in energy news and small business advice follow us on Twitter @SwitchMyBiz

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