Charles Hendry News
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U.K. Prime Minister David Cameron moved Energy Minister John Hayes, an open critic of the environmental policy of their Liberal Democrat coalition partners, to a new post working with the premier.
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The U.K. will offer the best incentives for building nuclear power stations to companies that pledge their capital first, adding to pressure on utilities such as Electricite de France SA to agree on terms.
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Nuclear power can play a key role in the U.K.’s future energy mix, Minister Charles Hendry told executives from Electricite de France SA , Centrica Plc and other utilities.
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The U.K. accepted the demands of Electricite de France SA and other power companies as it overhauls its electricity market, U.K. Energy Minister Charles Hendry told French newspaper La Tribune .
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There is still a “strong appetite” for building nuclear reactors in the U.K., even as Japan struggles to bring the damaged Fukushima Dai-Ichi atomic plant under control.
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The U.K. government is almost ready to open a contest for 1 billion pounds ($1.6 billion) in funds that would back carbon capture and storage technology, Energy Minister Charles Hendry said at a conference in London today.
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The European Union should tighten climate change targets to reduce emissions by 30 percent from 1990 levels by 2020, from its current 20 percent reduction goal, U.K. Minister of State for Energy Charles Hendry said.
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The U.K. government will publish the conclusion of a review of the levels of support renewable energy generators receive within two weeks, a minister said.
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Britain’s opposition Labour and Green parties joined a push for the government to impose a carbon target on the power industry, setting the stage for a battle over the energy bill in Parliament.
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Utilities building new nuclear power plants in the U.K. may have to spend as much as 6 billion pounds ($9.3 billion) on each plant, according to Charles Hendry , the country’s minister of state for energy.
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