Domestic electricity prices increased by 17% in the first three months of 2022 in comparison with the same period in 2021, according to new statistics from the Department of Business, Energy and Industrial Strategy (BEIS). Meanwhile domestic gas prices increased by 26%, so that all domestic fuels increased by 21% in real terms, accounting for
Global increases in the cost of materials, freight, fuel and labor have set prices for new-build wind and solar back to where they were in 2019, according to a new report from BloombergNEF – but the setback for renewables is temporary, while for fossil fuels the cost gap continues to widen. The BloombergNEF report,
Westminster City Council has opened the doors to a retrofitted show home, a one-bedroom terraced flat in Queen’s Park, to encourage residents to make their home more energy efficient. Improvements made to the show home include: Internal wall and underfloor insulation Thermally efficient windows and doors Replacing the gas boiler with an energy-efficient air
A power purchase agreement (PPA) tender has been launched by the Mayor of London as part of ambitions to power the Tube network with 100% renewable electricity. This first tender is aiming to purchase approximately 10% of Transport for London’s (TfL) required electricity from renewable energy sources and new build assets. As it stands,
Western Power Distribution (WPD) has pledged to ensure domestic customers can connect low carbon technologies when and where they want. The connectability pledge is one of four key priorities outlined in the network operators Business Plan, which shows how it is planning to invest £6.7 billion over the next price period. It comes as WPD releases
Energy prices are now the biggest concern for businesses, according to a new report from npower Business Solutions (nBS). In a survey of 200 large businesses, 77% put energy costs as their biggest concern followed by 72% identifying the ongoing recovery from Covid-19. Nine out of ten businesses predict their energy costs will increase over the
The impact of rising energy bills is continuing to be documented, with the number of households finding it challenging to pay rising as interest in energy efficiency also increases. Over four in ten (46%) adults who pay energy bills in Great Britain are finding it very or somewhat difficult to afford their energy bills,
PVEL stands for PV Evolution Labs. Their speciality is torturing solar panels to determine how tough they are. Every year they publish a report that separates Top Performing panels from those they don’t call Top Performing. This year was no different — except in the ways it wasn’t the same. This time, instead of
The European Union has no choice but to develop a coherent strategy on energy storage if it is to achieve its decarbonisation goals and end its dependency on Russian fossil fuel imports. That was the view expressed to Energy-Storage.news by Patrick Clerens, secretary general of the European Association for Storage of Energy (EASE) in an interview
For the first time in the UK, renewable energy will be tracked hourly as part of a push towards greater transparency in energy procurement. A consortium led by start-up Granular and including European power market Nord Pool, Elexon, Energy Systems Catapult (ESC) and Unicorn is launching a new mechanism that will be able to