Producing electricity from wind turbines and solar panels is cheaper than ever before. So why are households across Europe seeing record amounts on their electricity bills? Over the past decade, the levelised cost of solar power has fallen by roughly 90%, while onshore wind is now the cheapest source of electricity. Auction prices for
Americans are seeking out solar, batteries, and electric vehicles at a pace unlike anything the clean energy movement has seen in fifty years. In the 23 days after the Iran war began and the Strait of Hormuz closed, requests for home solar systems paired with battery storage jumped 21%. Used EV sales reversed course
If you think the temperature uncomfortable today, let me take you to the last day of July 2052, the rays of the climbing sun reveal a city still sweltering in the residual heat of the day before. From the air, London resembles a colossal refugee camp. Streets, gardens and parks are teeming with tents
Greg Jackson argues against costly investments in UK’s power grid that are adding to household bills The boss of the UK’s biggest energy supplier has suggested that some households would accept an occasional electricity blackout in exchange for much lower energy bills. A year on from Europe’s largest power outage – which left tens
US generated more power from renewables including solar and wind than gas last month in a first Donald Trump has wielded the full might of his administration to crush the progress of clean energy, which he has called a “scam” and “stupid”. But there are signs this assault is not going to plan. In March,
Europe’s energy transition problem is not moving too fast, but stopping halfway—investing in renewables without building enough grids, storage, and system flexibility Reliance on fossil fuels has proven structurally fragile, while electrification offers a path to greater energy security, cost control, and industrial competitiveness To stay competitive, Europe must accelerate infrastructure, prioritize strategic industries,
The 40-day blockade of the Strait of Hormuz -- through which roughly 20 million barrels of oil and gas pass daily -- has prompted a global scramble for energy independence, accelerating demand for clean energy storage systems. Chinese exports of inverters, a key component in energy storage systems, have surged 57% year-on-year, driven first
Rocketing fuel prices triggered by the Iran war have led to a growing interest in electric vehicles, as charging costs get cheaper. Prices at the pump have soared to £1.50 a litre as Iran continues its stranglehold on tankers passing through the Strait of Hormuz, following US and Israeli-led military strikes on the country.
£12,000 solar panel grants to be fast-tracked for households Ministers are accelerating the roll-out of grants and loans for solar panels and batteries to provide households with cost of living relief in the wake of the Iran war, The i Paper can reveal. Low-income families could receive fully funded installations of solar panels and
With rising wholesale gas costs in the news, consumers are understandably concerned about the potential impact on their bills. Wholesale energy costs, what you pay for the energy bought to supply your home or business, make up around 40% of your energy bill. This blog post will explain what makes up wholesale energy costs, how they can affect what you pay for your energy, and what