Power Generation

Octopus launches new solar and battery optimisation smart tariff

Octopus Energy has announced the launch of a new smart tariff aimed at consumers with domestic solar and battery storage. The company says the tariff could unlock more than £450 of savings per year for consumers and help to balance the grid. ‘Intelligent Octopus Flux’ (IOF) will offer the same rate for both importing and

The Pros and Cons of Residential Solar Battery Storage Systems

The increasing popularity of residential solar battery storage systems is a testament to the growing awareness and adoption of clean energy solutions. As more homeowners consider the benefits of harnessing solar power, it is essential to weigh the pros and cons of integrating solar battery storage systems into their homes. This article aims to provide

Battery storage installations expected to snowball to 400GWh by 2030 – report

Annual battery storage installations will surpass 400GWh by 2030, representing a ten-fold increase in current yearly additions. This is according to the latest modeling from Rystad Energy that shows annual capacity additions will snowball in the coming years as storage becomes crucial to the world’s energy landscape. Global BESS capacity additions expanded 60% in

Octopus Energy says National Grid should ‘pay customers not coal’

Octopus Energy has called on the National Grid ESO to stop burning coal and instead use consumer energy consumption flexibility to reduce demands on the energy grid. The company implemented its ‘Saving Sessions’ – enabled by the National Grid ESO’s Demand Flexibility Service (DFS) in October 2022. The scheme offered financial incentives for consumers to reduce electricity demand over peak

National Grid to speed up project connections

Move welcomed as a way to get more renewable energy sites connected to grid National Grid ESO is introducing further targeted reforms to speed up connections to the electricity network. The ESO has written to parties seeking to connect to the transmission system to ask for updates on progress and project milestones, so that

UK considers axing VAT on battery storage co-located with home solar

The UK Government is consulting on whether VAT on batteries installed for solar panels should be zero-rated for homes and small businesses, following a long campaign by MPs. MPs on the cross-party Environmental Audit Committee (EAC) wrote to the Government earlier this month, warning that the UK would likely not meet its target to host

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