EDF Energy told to pay £3m by Ofgem for for failing to handle customer complaints correctly August 22, 2014 EDF Energy has been ordered to pay £3m to vulnerable customers by energy watchdog Ofgem after an investigation into the way customer complaints were handled. Ofgem found the energy giant did not correctly deal with complaints from customers between May 2011 and January 2012. The investigation began after a 30 per cent rise in complaints [...]
EDF Energy shuts down four UK nuclear reactors after boiler defect August 11, 2014 Energy giant Centrica, which owns a 20 per cent stake in EDF Energy’s nuclear operations, yesterday warned that its earnings per share would be lower this year after a boiler defect caused its French peer to shut down four of its ageing reactors in the UK. EDF said it found an “unexpected” defect on a [...]
Doosan Babcock signs deal to support EDF’s UK nuclear plants February 18, 2014 ENERGY services company Doosan Babcock yesterday said it has secured a deal with EDF to support the operations of seven of its nuclear power stations in the UK, securing around 1,000 jobs. The agreement will come to an end when the last of the seven power stations ceases power generation, with Doosan Babcock calling it [...]
EDF nuclear subsidy is a naive gamble on the future price of carbon and gas October 22, 2013 RARELY have we seen a policy shrouded in so many what-ifs. The much-anticipated announcement that new French-designed atomic reactors are to finally go ahead at Hinkley Point in Somerset has been greeted with a mixture of elation and caution. The caution is well-founded, and Parliament’s scrutineers need to get ready. We still know very little [...]