Tonik Energy has become the latest small supplier to go bust just weeks after failing to pay its Renewable Obligation (RO) fees. The supplier – which has around 130,000 domestic customers – is now ceasing to trade. It was named as one of six suppliers to have missed the deadline for paying RO fees, with
Internal projections from one of world’s largest oil producers show an increase in its enormous contribution to global warming Exxon Mobil Corp. had plans to increase annual carbon-dioxide emissions by as much as the output of the entire nation of Greece, an analysis of internal documents reviewed by Bloomberg shows, setting one of the largest
Solar, wind, and other renewable energy sources are set for spectacular growth in the coming years and decades as governments race to net zero. It was only a matter of time before energy storage strutted on stage, and according to Wood Mackenzie, it is going to be no less spectacular than renewables. The global energy
There can be no questioning the pace of technological evolution in solar PV, but recent advancements have caught even the most optimistic of industry stakeholders by surprise. Not long ago, solar modules with outputs of up to 450W hit the shelves and left project developers drooling at the prospect of squeezing more power into each
Europe’s residential battery energy storage systems (BESS) market is expected to continue its upward trajectory in the coming years after 745MWh of additional capacity was installed in 2019, representing a 57% increase year-on-year. That's according to new analysis from trade body SolarPower Europe, which says total installed capacity reached almost 2GWh at the end of
Alternative fuel strategies are dominating the fleet agenda, with electric vehicles (EVs) being adopted in ever greater numbers. But, with record electric registrations in the UK and across Europe, the fleet and leasing industry is keeping a close eye on whether supply can continue to meet demand. “The big challenge for all leasing companies and
California needs batteries. When California is on fire, it needs batteries that can keep a home, a hospital, a fire station, a senior center running longer than the four-hour standard of lithium-ion. “What's happened that's brought this to bear has been the wildfires and the contingency issues we have in the PSPS (public-safety power shut-off)
Developers and planners of new solar sites are continuing to operate at a frantic pace, with no signs of slowing down. Indeed, there are now several different types of developer vehicles in the mix within the UK, with JV’s being announced almost on a weekly basis. During September 2020, over 1GW of new large scale
Jobs in the renewable energy space surged to 11.5 million globally in 2019, according to new figures from the International Renewable Energy Agency (IRENA). It notes that according to the UK National Grid Net Zero Energy Workforce Report, the UK's energy sector workforce employs 144,000 people directly. Of these, some 44,100 people are employed in
The government’s £2 billion Green Homes Grant is set to be oversubscribed, with more than half of homeowners in England interested in the scheme. According to a poll conducted by YouGov and commissioned by the Energy and Climate Intelligence Unit (ECIU), 62% of homeowners are interested in the scheme which will provide vouchers worth up