The economic impacts of Russia’s invasion of Ukraine are being felt around the world. This is especially true in the energy and food markets whose supply chains depend on both countries. The crisis has reinvigorated a long-running debate about land use for solar farms, increasingly polarised around energy versus food security. Gas provides 40%
The power network's electricity system operator (ESO) said it expects supply to be tight at times this winter, most likely in the first half of December. The UK could face "very high prices" with experts warning household bills could rise to £3,850 this winter due to electricity supply shortages - but the lights will
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Government limit on contracts for new renewable energy generation is ‘outdated thinking’, says Greenpeace UK Consumers will face higher energy bills than necessary next winter because of a decision by the government to limit new renewable energy generation, described as a “missed opportunity” by the renewables industry, and “outdated thinking” by a green campaign group.
Average day-ahead, within-day and system prices in Q1 2022 all more than tripled compared to Q1 2021 as a result of the Russian invasion of Ukraine, EnAppSys has found. During Q1 2022, the average EPEX day-ahead price was £200.80/MWh, while the corresponding Nordpool price was £199.63/MWh — over triple the average prices for the
What is most revealing is what is missing – a gaping wide hole on energy efficiency and demand reduction Let’s start with the broader picture. Today’s economically and environmentally illiterate Energy Security Strategy represents one very small step forward and several giant leaps back. It proposes new North Sea oil & gas fields, which do
We don't just drive or heat with fossil fuels—we are eating them. Oil and gas prices are at record levels, and this is going to have a big impact on our diet in very short order because we don't just drive or heat with fossil fuels—we are eating them. Traditional US Homestead -
Demand is growing as more of us work from home. But does the £5,000 outlay for installation pay off? With energy bills on their way up again from April, homeowners are looking skywards to try and ease the pressure on their budgets – by installing solar panels. The latest change to the regulator’s cap on
An increasing number of homeowners are investing in residential energy storage systems (RESS) solutions to reduce inconveniences associated with power outages and in some cases, reduce costs and increase their use of renewable power. This was one of the findings in a new report from Guidehouse Insights, examining the global market for RESS solutions
The U.K. needs to substantially expand its capacity for storing electricity for longer in order to maintain energy security as it shifts to greener power, according to Aurora Energy Research. As much as 24 gigawatts of long duration electricity storage -- about eight times the current installed capacity -- may be needed to help