Double charging of battery storage is to end, as Ofgem approves changes to the Connection and Use of System Code (CUSC). The UK regulator announced last year it was consulting on the removal of Balancing Service Use of System (BSUoS) charges for energy taken from the grid by storage assets. BSUoS charges allow National
Everybody knows that coal is on the way out, but the latest electricity report from BloombergNEF is something of a shocker. It casts a shadow of gloom over natural gas, too. Low-cost renewables are creeping into gas territory, helped along by falling costs for energy storage. In fact, according to BNEF, energy storage is
Renewable electricity may be only source to withstand biggest shock in 70 years Renewable electricity will be the only source resilient to the biggest global energy shock in 70 years triggered by the coronavirus pandemic, according to the world’s energy watchdog. The International Energy Agency said the outbreak of Covid-19 would wipe out demand
“Dramatic” recent gains have pushed solar’s levelised cost of electricity below US$30/MWh and will see the industry break the US$20/MWh average in a decade, BloombergNEF (BNEF) has said. New analysis from the consultancy found that utility-scale solar and onshore wind new-builds have become the cheapest option in countries home to two-thirds of the world’s population,
Coal generation in the UK has fallen by 35% in the last month due to COVID-19. This is according to new analysis from technology group Wärtsilä, which found that between 10 March and 10 April 2020, coal power dropped 35% and gas 24% compared with the same period in 2019. Renewables held a 43%
Last year saw renewables records broken across the board as renewables produced nearly 37% of the UK’s power, according to new data released by the Department for Business, Energy and Industrial Strategy (BEIS). In 2019, renewables generated a record breaking 36.9% of the UK’s electricity, it announced today (26 March). Of this, wind power
I heard a solar developer say that if the solar development was checkers, storage looks like three-dimensional chess, or for some, like a Swiss Army knife. Storage is complicated, and a new study of the value of energy storage explains some patterns we see in energy storage adoption and deployment. This helps explain why
E.On has put 3,000 of its staff on furlough as a response to the COVID-19 pandemic. Additionally, around 1,000 npower staff members have also be placed on the paid leave of absence, bringing the total to c.4,000. This takes E.On’s staff numbers down from 7,500 and npower, the supplier it recently acquired, down from
Batteries will be standard with virtually every new solar system installed in the U.S. by 2025, the author predicts. The solar-plus-storage market is evolving rapidly and will look completely different a decade down the road. What can we expect on the way to 2030? Here are 10 predictions. All-in-one systems will be the new
Energy storage capacity is increasing in the UK, with the announcement of a major new deal to deliver two 50MW battery superhubs in Oxford and Kent by the end of this year. The deal between Pivot Power, part of EDF’s renewables arm and Finnish tech firm Wartsila will mean 100MW of storage capacity between