Five energy trade associations have written a joint letter to the Chancellor Jeremy Hunt, calling on him to offer a more competitive capital allowance regime in the upcoming Spring Budget to incentivise investments in the UKs renewable industry. The chief executives of Scottish Renewables, RenewableUK, Solar Energy UK, Energy UK and the Nuclear
Scotland's new £900 million battery storage facilities will boost resilience during down periods, the Scottish Cabinet Secretary for Net Zero, Energy and Transport has said. Michael Matheson hailed Amp Energy’s plans to establish Europe’s largest green energy storage complex across three sites in Scotland, with the first in Ayrshire. “Amp Energy’s battery storage facility
Just two onshore wind turbines were installed in England last year, as the industry awaits pledged planning reforms for new projects. Overall, just ten new onshore wind projects were installed in 2022 across the UK, according to new research published by trade body Renewable UK. This boosted onshore wind generation by 318MW, powering a further
The latest polling from the Public Attitudes Tracker showed that 88% of people support the use a renewable energy in the UK, including solar, beating last year’s previous high of 84%, whilst only 2% of the public oppose it. Conducted this autumn, the survey was published this Thursday (15 December) by the Department for Business,
Payback periods as low as six years on new rooftop solar means up to 19 years of free power now for property owners who install panels, academics at the Energy & Climate Intelligence Unit have calculated. With UK rooftop installations now running at a reported 8,000 per month, consumers adopting PV are responding rationally to price signals
With the payback time of rooftop solar panels now just six years, households could benefit from 19 years of “essentially free” electricity during the remainder of their lifespan, according to the Energy and Climate Intelligence Unit (ECIU). Solar farms are becoming ever more cost efficient, costing a low of £54 per MWh. This is much
Oil and gas companies are betting on a future in which their production pushes global heating beyond 2.5C, a new report reveals. Shell, TotalEnergies and Chevron are among the majors which recently approved $166 billion (€157bn) of investment in new oil and gas fields over the next decade, according to financial think tank Carbon
Access to solar panels and a home battery has reduced energy bill worries for Nikita Harris on one of Europe's largest green retrofit projects. "Where I used to worry going to bed, I don't have to worry now," said Nikita, 26, whose home in Swansea now runs partially on a battery. Some 644 properties
Shell has posted profits of £8.2 billion ($9.5 billion) in Q3 2022, but has paid no windfall tax. This is more than double what the oil and gas major made in the same period during 2021, when it made $4.2 billion. It’s high adjusted earnings were due to strong trading and optimisation margins for
Home batteries can make your solar roof a much better investment. Home battery storage is moving from an exotic feature of the homes of the wealthy to a more mainstream option for any home with solar panels, incentivized by a new 30% federal tax credit. But If you think of batteries primarily as a backup