Average Cost of Electricity per kWh in the UK 2022
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
Ukraine Invasion Brings Energy Storage Back Into The Spotlight
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
UK consumers able to track renewable energy hourly under new plans
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
Consortium launches project that allows hourly renewable energy tracking
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
Octopus Energy acquires heat pump manufacturer RED in move to create ‘Model T moment’ for sector
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
Green Bitcoin mining proof of concept using Tesla solar and battery storage
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
Russia-Ukraine war sends GB power prices soaring to all time highs despite record wind output
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,
A key piece of the puzzle for a more energy-secure UK? Storage, and more of it
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
The UK Energy Security Strategy is one small step forward and several giant leaps back
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