If you’re considering a solar battery storage system, you’re likely wondering how much it will cost. The good news is that prices have come down in recent years, and there are a variety of options to choose from. In this article, we’ll take a look at the different types of solar battery storage systems
Energy prices in Great Britain are to remain over £100/MWh annually, according to new research from Cornwall Insight. This figure is significantly above the five year pre-2021 historic average of £50/MWh in winter and the even lower prices seen in pre-2021 summer, Cornwall Insight said. Indeed, while its Benchmark Power Curve for the British
According to official figures, the average electricity bill in the UK was around £764 per year for 2021—but it will be significantly higher in 2022. In fact, the energy price cap rose from 1 April 2022—so we're now officially impacted by the higher cap—which means that households on default tariffs paying by direct debit will see an
An energy crunch is causing higher oil and gas prices. The war in Ukraine caused these prices to soar even higher. As a result, governments on both sides of the Atlantic are racing to build more wind and solar to reduce dependence on fossil fuels. Enter energy storage. The UK government is planning to have installed 50
Consumers will soon be able to check where their energy is coming from hourly, and get a discount on bills if they use electricity when renewables are in surplus. Under plans by the startup Granular and energy giants including Elexon and National Grid, energy companies will allow UK consumers to track their power source.
For the first time in the UK, renewable energy will be tracked hourly as part of a push towards greater transparency in energy procurement. A consortium led by start-up Granular and including European power market Nord Pool, Elexon, Energy Systems Catapult (ESC) and Unicorn is launching a new mechanism that will be able to
Octopus Energy has acquired heat pump manufacturer Renewable Energy Devices (RED), as it targets cost reductions through expansion. It will initially take a controlling interest in the firm based in Craigavon in Northern Ireland, ahead of full acquisition by the end of the year. The multi-million pound partnership will see RED’s existing factory being
Tesla’s Megapack battery energy storage system (BESS) solution as well as the company’s solar PV will power a Bitcoin mining facility in a proof of concept (POC) project in the US. Bitcoin mining and services company Blockstream Mining began construction earlier this month on the open-source, solar-powered facility at an undisclosed location. The project
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
The ability to store renewable electricity is crucial to the UK freeing itself from dependency on fossil fuels. But how exactly does it work, and who’s building it? Afew years ago, when people in Bristol’s Feeder Road district learned of plans to install 48 diesel generators near a local nursery school, they weren’t best