Octopus Energy increases export tariffs by 36% for solar power customers
Octopus Energy has increased its export tariffs by 36%, as energy prices in the UK remain at record highs. As such, its Smart Export Guarantee (SEG) (export only customers) tariff has increased from 3p/kWh to 4.1p/kWh, and its Fixed
Battery storage is ‘standing on its own two feet’ as investor confidence rises
Investors are now becoming more comfortable with battery storage, with projects being profitable and cost-effective, according to industry experts. Speaking at the Energy Storage Network’s Annual Marketplace, Alicja Kowalewska-Montfot, commercial manager-energy storage at Gore Street Capital, said the asset owner
Dorset Council gives go ahead for 15MW solar, battery storage and EV charging hub
Dorset Council has granted planning permission for the Blandford Hill Eco Hub development from Naturalis, a development that will include a 15MW solar farm with battery energy storage. The £10 million development will provide an electric vehicle charging hub,
12 more suppliers at risk of collapse as ‘winter of discontent’ continues, finds Price Bailey
There are 12 suppliers in the UK that are technically insolvent and therefore at risk of collapse, according to analysis from accountants Price Bailey. It looked at the credit risk scores and balance sheet information of the 22 remaining
The energy price crisis shows why we need to democratise the sector through solar self-generation
Spiralling UK energy prices and the collapse of several power suppliers recently has illustrated the danger of over-reliance for our energy needs on large companies. And with the rise of distributed renewable power sources, such as roof top solar
Long-term sustainability of the energy system at risk as government eyes short-term fixes, says Cornwall Insight
The long-term sustainability of the energy sector is at risk from the short-term measures being considered as a solution to the energy crisis. Currently policy makers are focusing too heavily on solutions to manage the upcoming price cap increase,
Government must take action to avoid ‘cost of living catastrophe’ as 6.3m households face fuel stress
The number of families experiencing fuel stress is set to triple overnight when the price cap is reset, reaching 6.3 million households. According to new research from charity Resolution Foundation, if the price cap increases by around 50% –
European Airlines Are Operating 18,000 Empty Flights Because of a Dumb Rule
The ‘use it or lose it’ rule means that Lufthansa is using its routes even when it hasn’t sold seats. The airline company Lufthansa will operate 18,000 “empty, unnecessary” flights this winter that would have otherwise been cancelled due
Labour calls for windfall tax of oil and gas producers to tackle energy crisis
Labour has called for a windfall tax on North Sea Oil and Gas companies to help fund measures to protect households from expected energy bill increases in April. Oil refinery plant at night With gas prices throughout