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
Solar PV capacity is expected to almost treble over the 2022-2027 period, growing by 1.5TW and surpassing coal as the largest source of power capacity worldwide, according to a report from the International Energy Agency (IEA). In its “Renewables 2022” report, the IEA expects renewables to grow by 2.4TW over the next five-year period, with
As of today, less than 10% of the necessary solar and wind power needed for a 2050 global net zero scenario exists, whilst global electricity generation will need to more than triple to 80,000TWh, according to the 2022 BloombergNEF (BNEF) New Energy Outlook. The report outlined two scenarios: a Net Zero Scenario, wherein a feasible,
The intense wildfires that ravaged California in the US in 2020 were responsible for substantial solar energy forecast errors, according to a study led by scientists at the National Center for Atmospheric Research (NCAR). The smoke darkened so much the skies in California that it slashed the state’s solar power production during peak hours
PowerMarket have released the results of a study that indicates that if the UK used 5% of available UK commercial rooftop space for solar, it could lead to an estimated £12.6 billion per year in energy cost savings. Detailed within the finds of the Solar Feasibility Study, the results have shown that the 5%
Harnessing solar energy via PV and a battery energy storage system (BESS) in a mid-terrace home, compliant with the Future Homes Standard 2025, could see savings of around £40,000 over their lifetime, Solar Energy UK has said. Solar PV and a co-located BESS could help increase savings across the board in the UK,
The number of solar panel systems installed at UK properties leaped by 10 per cent — 110,000 — ahead of last month's energy price hikes, new analysis by Savills reveals. The year to the end of September saw the highest uptake in small-scale solar panel systems for five years as UK homeowners took action
The European Commission today proposed a temporary emergency regulation to accelerate the deployment of renewable energy in the face of the energy crisis and the knock-on effects of Russia’s invasion of Ukraine. Scheduled to last for one year, the proposal will remove administrative red tape around permitting and deployment, allowing renewable energy sources to
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
Europe solar’s annual capacity will “significantly” increase after the invasion of Ukraine, according to a report from energy giant Stakraft. The company’s latest Low Emissions Scenario estimates that solar PV installs will rise to 45-52GW per year towards 2030, up from previous analysis expecting 33GW per year before Russia’s invasion of Ukraine. Last year the European