It’s Tuesday, April 5, and the U.S. set a new record for energy storage. U.S. battery storage surged to a new record last year as power grids and property owners added more than 3,500 megawatts of capacity — enough to power roughly 1 million homes for a few hours at a time. That’s more than double
New research from the University of Sussex has highlighted how increased government support is needed to make solar viable for a range of consumers. Particularly, increased support is needed to make solar viable for elderly homeowners, student renters and the disabled, the research said, suggesting policy initiatives such as tax incentives and grants to
VAT on residential solar panels has been cut to zero in the Spring Statement, unveiled today (23 March) by Chancellor Rishi Sunak. The cut to VAT for the next five years covers energy saving materials and installation of technologies including solar panels, heat pumps and roof insulation, which currently have a rate of 5%. A
VAT on residential solar panels has been cut to zero in the Spring Statement, unveiled today (23 March) by Chancellor Rishi Sunak. The cut to VAT for the next five years covers energy saving materials and installation of technologies including solar panels, heat pumps and roof insulation, which currently have a rate of 5%. A household
VAT on energy efficiency measures are to be cut to 0%, Chancellor Rishi Sunak has announced as part of his Spring Statement. Speaking in the House of Commons this afternoon (23 March), the Chancellor unveiled his mini-budget amidst the energy and cost of living crisis. The cut to VAT on solar panels, heating pumps and
Household energy bills could top £3,000 a year in England, Wales and Scotland from October, in part due to the Ukraine crisis, a report has warned. The bank Investec said the conflict, along with surging global demand, had made gas and electricity prices soar. It expects the energy price cap, which limits what suppliers
If you work at a busy manufacturing company the chances are your energy consumption will need to increase in the next few years. You will also be under intense pressure to reduce your carbon emissions. How can this dilemma be solved? The biggest step most manufacturing companies could take to reduce carbon emissions would
A few words about how we at Circular Energy Storage experienced the market in 2021 and what we will look for in 2022. When battery recyclers buy scrap lithium-ion batteries, or black mass, the not so specific intermediary powder from crushed cells, the prices are usually set as a percentage of the price at
Demand is growing as more of us work from home. But does the £5,000 outlay for installation pay off? With energy bills on their way up again from April, homeowners are looking skywards to try and ease the pressure on their budgets – by installing solar panels. The latest change to the regulator’s cap on
An increasing number of homeowners are investing in residential energy storage systems (RESS) solutions to reduce inconveniences associated with power outages and in some cases, reduce costs and increase their use of renewable power. This was one of the findings in a new report from Guidehouse Insights, examining the global market for RESS solutions