The Role of City Development Companies in English Cities and City-Regions - Summary of Responses to

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10 November 2007 | 1420

1. On 12 December 2006, Communities and Local Government published its consultation paper on city development companies (CDCs). Rather than seek comments on a specifi c set of proposals, the consultation sought opinions on the rationale and the key principles for CDCs, as well as views on the form, function and location of such bodies.

2. We asked ten questions in the consultation paper: i. What are the advantages and risks in moving towards a more unifi ed approach to economic development at the city or city-regional level?

ii. Should Government seek to develop a city development company brand, with formal approval needed for city development company status to be granted?

iii. Is a variation on the Urban Regeneration Company model the best approach for city development companies to adopt?

iv. Are other existing models suitable for city development companies?

v. Do you agree with the suggested ‘basic principles’ for city development companies as set out in the paper?

vi. Will city development companies be more effective when operating at the cityregion scale?

vii. What are the functions that city development companies could most usefully perform?

viii. What role could city development companies play in supporting public-private regeneration vehicles?

ix. Do you agree with the suggested ‘governance’ criteria? Are other forms of ownership appropriate?

x. How could city development companies pursue innovative but reliable approaches to meeting running costs whilst avoiding confl icts of interest?

3. The consultation paper was published on the Department’s website. Letters publicising the paper were sent to each English local authority and over 100 other stakeholders and interested parties. These included Regional Development Agencies, Regional Assemblies, regeneration practitioners and others. During the consultation period, discussions were held with various consultees on a one-to-one basis and via correspondence.

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Ireland Records 8.1% Improvement in Energy Efficiency Levels

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10 November 2007 | 1305

The Government of Ireland, in the White Paper on Energy2, set a target for a 20% reduction in energy usage across the whole economy by 2020. This moves energy efficiency to the centre of Government energy policy. The scale of the task ahead is highlighted by the fact that between 1990 and 2005 final energy demand increased by 64%. This is the first SEI/EPSSU report that focuses exclusively on Energy Efficiency in Ireland. The purpose of the report is to provide timely and comprehensive data on energy efficiency and intensity, in order to provide context and background to discussions regarding future policy options. The analysis in this report has benefited greatly from SEI/EPSSU’s involvement in the pan European Odyssee project3.

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The Thames Gateway Interim Plan: Policy Framework

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10 November 2007 | 1755

The Thames Gateway is a great place to invest, live and work.It is a fantastic location, close to the capital and the gateway to Europe. It has thriving and diverse local communities, brownfield land for new jobs and homes, and beautiful green spaces with the Thames estuary at its heart. It is a place of great potential.

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Petro Canada: 2006 Report to the International Community

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08 November 2007 | 1594

The International and Offshore business includes our International operations and interests off the East Coast of Canada.

Outside of Canada, we have operations in the North Sea, North Africa/Near East and Northern Latin America. This business is growing by optimizing existing assets, implementing a balanced exploration program and pursuing business development opportunities. In the North Sea, we produced 43,700 boe/d net in 2006 and growth is expected in 2007 as the Buzzard field (in which we have a 29.9% interest) ramps up. In the North Africa/Near East region (Libya), we produced 49,400 boe/d net from continuing operations in 2006. In Northern Latin America, a 17.3% interest in a natural gas development in Trinidad and Tobago produced 63 MMcf/d (10,500 boe/d net) in 2006. Our exploration program spans all three regions.

In East Coast Canada, our participation in major offshore projects contributed production of 72,700 boe/d net in 2006. This production came from Terra Nova, (operator and 34% interest), Hibernia (20% interest) and White Rose (27.5% interest). At Terra Nova and White Rose, the oil flows from wells on the seabed into Floating Production Storage and Offloading (FPSO) vessels. Hibernia produces oil from a concrete gravity base structure. Our goal for East Coast Canada is to sustain profitable production by extending existing reservoirs and tying in satellite fields.

 

Petro-Canada International offices

Petro-Canada assets

NEWFOUNDLAND

LABRADOR

Port of Spain

Algiers

Tripoli

Damascus

Moscow

The Hague

Essen

St. Petersburg Stavanger

Aberdeen

London

 

Download Report (2006) (26 pages; 1.1MB PDF)