MarketLine Blog

Posts about Utilities

Fracking approval: In spite of public opinion

MarketLine

The decision to approve Third Energy’s application to begin exploratory drilling for shale gas outside of Kirby Misperton in North Yorkshire has been hailed as a landmark decision for the UK fracking industry. Many believe that it will open the door to a swathe of further approvals, while setting a precedent which could help rival firm Cuadrilla in their appeal against the decision not to allow them to frack up on the Fylde coast. However, industry chiefs would do well to keep their champagne on ice, as public opposition is… Read more

Gas and Electricity in Great Britain – Competitive market illusion

MarketLine

A nationalized energy industry had operated in the United Kingdom for more than 40 years but it was gradually reformed with the introduction of market liberalization in the 1980s. Market liberalization was followed by a large-scale industry privatization fully completed in 1998. The competition injected in the industry through these reforms has been concentrated on generation and supply of gas and electricity. However, evidence from the Office of Gas and Electricity market (Ofgem), the body responsible for the regulation of the system, shows that the market is far from competitive…. Read more

Cisco poised to capitalize on movement to smart cities

MarketLine

The nascent smart city industry is a potential goldmine for a whole host of players – utility companies, data analytics providers and, perhaps most importantly, providers of communications infrastructure and networks. One company, Cisco, is poised to greatly capitalize on then burgeoning industry as the world moves towards a smart, connected and data driven existence through the Internet of Things (IoT) or, as the company prefers, the “Internet of Everything” (IoE). It is worth noting that there is no hard definition of what constitutes a smart city, but a distinction… Read more