- Frimley, Camberley
Delivering the design solution and systems to individual platforms during refit periods.
- Barrow in Furness, Cumbria
BAE Systems is looking to recruit multiple Senior Mechanical Designers to join our Maritime Submarines business unit
- Barrow in Furness, Cumbria
Designing and developing propulsion systems for the nuclear propulsion plant which will be fitted to the UK’s submarines.
- Barrow in Furness, Cumbria
Join BAE Systems Maritime Submarines within the Platform Mechanical Systems team in Barrow-in-Furness
- Perth or Lyndhurst
- £41,404 to £54,685 DEPENDING ON SKILLS AND EXPERIENCE
To ensure that our network continues to run effectively, we are looking to recruit three Procedures and Investigation Engineers in various locations..
- Portsmouth, Hampshire
- SALARY £32,927 TO £43,486 (SSE 7) DEPENDING ON SKILLS AND EXPERIENCE
The Major Connections Contracts team is the first point of contact for organisations and individuals wishing to connect generation to our Network
- £43,410 to £49,000 pa dependent on experience
Seeking an electrical engineer to join our team to provide engineering support and capability to Site Technical Services Group (STSG) at UKAEA.
- Recruiter: United Kingdom Energy Authority, CCFE
- Salary £41,000 to £61,500 + Bonus (15%)
The Connections team is responsible for providing excellent customer service in respect of connections to the electricity network. Connections Manager
- Cumbernauld, Glasgow
- SALARY £30,000 to £53,000 DEPENDING ON SKILLS AND EXPERIENCE + BONUS + REWARD PACKAGE
The National HVDC Centre is building a new team of Simulation Engineers to undertake detailed HVDC simulation studies in real-time using...
- United Kingdom
We are looking for graduates from a huge range of disciplines.
- Recruiter: AECOM
RWE to cut 6,750 jobs across Europe
An RWE advertising placard, reading "with guarantee to economise"
RWE will cut 6,750 jobs across Europe and reduce costs by €1bn (£840m), as the expansion of renewables hits wholesale prices.
The German power giant had previously announced cuts, which when combined with those announced in a letter to shareholders today count for roughly 18 per cent of its workforce.
The firm predicted its pre-tax profit for 2014 would fall from 2013, at between €7.6 and €8.1bn, compared to about €9bn this year – largely due to the transition to renewable energy in Germany, where power from solar and wind are increasingly replacing that from fossil fuel power stations.
“We have identified additional measures to be implemented over the next four years, representing a gross volume of €1bn,” said CEO Peter Terium. “Allowing for general cost increases, an earnings potential of at least €500m is expected to come from these efficiency measures, which should be realised in full and in a sustainable manner from 2017 onwards.”
Frederik Dahlmann, assistant professor of Global Energy at Warwick Business School, said the development is in line with several recent announcements by major European utilities.
“While some speak of industry transformation, there are others who believe a new industry is emerging altogether,” he said.
“The recent announcements about poor financial profits, resulting in restructuring efforts and efficiency programmes highlight the significance of major strategic planning mistakes and unforeseeable external events that are now causing severe headaches for the companies’ executives.
“The first error was that these utilities invested into new (predominantly fossil-fuelled) power plants which, at least for the time being, they can no longer operate in a commercially viable way. The recession is continuing to affect many of Europe’s countries and utilities are faced with stagnating demand for their energy as a result.
“The second issue is that companies like RWE also appeared to be extremely reluctant to predict the severe impact that renewable energies would be having on their home markets. These new forms of power generation are legally given precedence to the grid with the outcome that existing fossil fuel plants must often either be switched off or operate at a loss.
“Lastly, the nuclear accident at Fukushima caused a major policy change in Germany with the effect that both E.On and RWE were suddenly left with a much reduced income stream from their nuclear power plants that they used to rely on.”
As an added blow, German parties negotiating the formation of a coalition government want to make utilities pay more to dismantle their nuclear power plants and protect taxpayers from billions of euros in related costs, according to documents obtained by Reuters.
"A ... fund could be considered to safeguard the financing of the disposal of nuclear assets," the paper from the working group on environmental policies said.
Under the new proposal, the utility companies could be forced to pay into the fund, which would be under political control.
Over a dozen working groups are hammering out policy compromises on a range of issues with the aim of forming a government in December. The nuclear proposal would have to be approved by a larger coalition panel led by Merkel and other party leaders before it was set in stone.
"We expect cooperation from the nuclear power operators in the switch to renewable energy and an acknowledgement of their responsibility for the orderly ending of the use of atomic energy," the paper said.
The idea of a fund reflects concerns that Germany's four nuclear power companies have taken insufficient precautions to pay for the dismantling of the plants and storage of atomic waste, despite the fact that E.ON, RWE, Vattenfall and EnBW have already put aside €30bn in provisions.
Currently, German taxpayers would be liable if one of the companies, which have become heavily indebted partly because of Germany's drive towards renewable energy, filed for bankruptcy.
"Do-It-Yourself in technology is becoming a quietly subversive act against prescriptive globalisation, as well as a general force for good"
- Spending review: science budgets protected, energy efficiency measures cut
- Solar power sharing scheme launched in Germany
- UK gives up on carbon capture and storage
- Algae electricity source could 'power the world'
- Cash-register malware is the ‘most complex ever seen’
- Microsoft upgrades headset for blind people