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Octopus Energy launches money-saving “plunge pricing” for EV charging

UK electric vehicle (EV) drivers will soon be able to take advantage of cheaper public EV charging when green energy is abundant, as energy supplier Octopus Electroverse launches “Plunge Pricing”. These “Plunge Pricing” events take place when there is a high supply of cheap renewable power to the grid, coupled with low demand. EV

Climate Change Is Making Rooftop Solar More Valuable

In a warmer world, it will take more energy to cool people off. Rooftop solar could step in to fill the energy gap. Thanks to the past and ongoing fossil fuel use that drives climate change, more people are going to need more energy to keep cool, comfortable and safe. When it comes to

5 Things To Know About Battery Electric Vehicles (BEVs)

Did you know? Transport is responsible for one quarter of all greenhouse gas emissions in the EU, and road transport makes up 70% of that amount. These emissions primarily come from petrol and diesel cars. To cut emissions, last year, the European Union adopted a law to make all new cars and vans sold

EVs reach record 2.1% share of used car market

Figures from the Society of Motor Manufacturers and Traders (SMMT) show Q1 sales of used battery electric vehicles (BEVs) increased by 71% to 41,505. Increasing numbers of used battery electric vehicles (BEVs) are entering the used car market, and they are the fastest-growing powertrain, posting a new record market share of 2.1%. Hybrids and

A fully-electric 10,000 ton container ship has begun service equipped with over 50,000 kWh in batteries

Chinese state-owned company COSCO Shipping has launched what it calls the “world’s largest” river-to-sea electric container ship. The Green Water 01 is a 10,000-ton+ fully electric vessel that sets a new benchmark in sustainability in the marine logistics industry. China Ocean Shipping (Group) Company, or COSCO for short, is a state-owned multinational conglomerate headquartered in Shanghai specializing in marine transport.

VAT exemption a ‘critical step’ in domestic battery market growth

The recent VAT exemption for domestic battery storage installations is a ‘critical step’ for the industry and is already having a positive impact, solutions provider GivEnergy said. As of 1 February this year, the UK government removed VAT charges for domestic battery energy storage systems (BESS). Enabling installers to offer competitive prices, the Value Added Tax (Installation

2024 sees record start to year for electric vehicle sales

Over 100,000 battery electric vehicles sold between January and April Sales of electric vehicles have got off to a record start this year, the latest sign that British consumers are shifting their preferences towards greener modes of transport. There were more than 100,000 battery electric vehicles sold between January and April, the earliest in the

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