Solar PV is “charging ahead” across the world as it outpaces other renewables, but far more significant action is required if a climate crisis is to be averted, the International Energy Agency (IEA) has warned.This morning the IEA has released this year’s edition of its World Energy Outlook (WEO), including a mix of worldwide energy
A Daventry farm has become one of the first businesses in the UK to trial an innovative battery system which would enable electricity from solar panels to be stored and then sold back to the National Grid, potentially increasing returns for greener companies.The low carbon pilot project will see farmer Sue Harrison working in partnership
The UK government is being “environmentally reckless” and not acting on the “tremendous economic opportunities” offered by new generation technologies like tidal and floating wind turbines, according to Labour’s shadow secretary for business, energy and industrial strategy (BEIS).Rebecca Long-Bailey’s piece for LabourList followed chancellor Philip Hammond’s budget speech which was widely pilloried for not making
Bloomberg New Energy Finance has forecast a veritable boom in energy storage installations in the coming years with investments hitting US$1.2 trillion by 2040.
In recent years, solar-energy sectors across the world have started to unveil battery-storage products that will enable homes and businesses to generate renewable energy 24/7.
Former National Grid boss Steve Holliday has championed the role that businesses and innovators have played in igniting a “chaotic revolution” in the energy sector, by accelerating demand for renewable energy and battery storage installations.
The UK has slid down one place to eighth in EY’s Renewable Energy Country Attractiveness Index (RECAI) amidst Brexit uncertainty.The consultancy giant’s latest update, for Q3 2018, attributes a 46% year-on-year drop in investment within the quarter to sweeping uncertainty as the country’s Brexit negotiations show little sign of meaningful progress.EY said that there had
We are in the midst of a massive shift in how energy is both produced and consumed.
The UK has reached a “major milestone” in its decarbonisation of the power sector, having witnessed renewables capacity exceed that of fossil fuel generation.The statistic has been reported by Drax’s latest quarterly Electric Insights for Q3 2018. Figures compiled by Imperial College London’s Dr Iain Staffell placed renewables generation capacity at 41.9GW, with fossil fuels
As the UK solar market waits for the hammer to fall on the government’s latest cuts to subsidies for small scale installations, namely whether or not some form of export tariff will be retained, conversations are beginning to bubble around other ways for installations to progress.If property owners are to lose effectively all direct financial