Portugal is poised to open what will be the world's first commercial wave-farm...
...and while the coastline's formidable surf will be a source of electricity, the engineers need a decent "weather window" to get their machinery out to sea. The Pelamis machines are each about the size of a small commuter train and point in the direction of the waves. The waves travel down the tubes, causing them to bob up and down, and a hydraulic system harnesses this movement to generate electricity – The Guardian
The first satellite images of the flooding that devastated Tewkesbury in July are being used by the government and by insurance and utility companies to develop response plans for future catastrophes. Most commercial satellites cannot see through cloud and are therefore useless in extreme weather event; Astrium, part of the European Aerospace Defence and Space (EADS) corporation has launched a £100M satellite that can - The Times
The spiralling cost of construction in the lead up to the Olympic Games in London in 2012 is undermining City office development deals, a report will reveal today. A shortage of skilled labour, soaring prices of raw materials and a growing number of Olympic-related building projects have given the industry huge bargaining power over developers in the pricing of new schemes in the capital - The Times
Npower has been named as the power company doing least to help its most vulnerable customers, according to new figures on fuel poverty, which also found the company has just 1,200 customers on its reduced "social tariff" – The Guardian
The Government's plans to build up to 10 nuclear power plants in Britain over the next decade could be thwarted by a shortage of skilled project managers, industry executives have warned. They have told ministers that the coming nuclear renaissance in Europe and in emerging economies could constrain the delivery of key reactor components unless decisions are made swiftly and the planning process is speeded up – The Guardian
The country's most "flash-happy" speed cameras have been revealed, with the top 100 last year responsible for dishing out a million penalty points. A survey has found these cameras alone brought in more than £18 million in the past 12 months - with one of them snaring a speeding driver every two minutes - TheDaily telegraph
Campaign groups and shareholder activists could be among the first to use "derivative actions", a new legal tool that comes into force today as part of the 2006 Companies Act and offers expanded scope for holding company directors to account - Financial Times