Cheap electricity from coal benefits Nottinghamshire miner

Switch energy and sort your Christmas stocking fillers

 
Compare energy deals and switch supplier to cut your bills by £477* and a chance to WIN Amazon Fire Sticks and Echo Dots

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

*Between 1 Jan 2019 and 30 June 2019, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £477 or more.

The potential of coal to generate cheap electricity could be a boost for Nottinghamshire pits.

UK Coal is negotiating a series of new supply deals with as yet unnamed electricity firms.

The company said it had signed one new deal, but would not reveal any details until after it has published its annual trading results later this month.

All the talks are expected to be finalised in the coming weeks, and it is thought that the deep mines that UK Coal has in Nottinghamshire will benefit from any new contractual agreements.

The firm has mines at Thoresby and Meden Vale and is considering reopening its Harworth pit, which it claims could be profitable now that energy prices have risen.

In related news, the European Commission has approved plans which will allow the UK government to award grants to firms studying carbon capture technology – which could be used to reduce carbon emissions at coal burning plants.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.


Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more