Octopus Energy has increased its export tariffs by 36%, as energy prices in the UK remain at record highs. As such, its Smart Export Guarantee (SEG) (export only customers) tariff has increased from 3p/kWh to 4.1p/kWh, and its Fixed Outgoing Octopus tariff has increased from 5.5p/kWh to 7.5p/kWh. The change came into force at
Investors are now becoming more comfortable with battery storage, with projects being profitable and cost-effective, according to industry experts. Speaking at the Energy Storage Network’s Annual Marketplace, Alicja Kowalewska-Montfot, commercial manager-energy storage at Gore Street Capital, said the asset owner had established a “very strong” retail base of investors, who would typically be more risk
Dorset Council has granted planning permission for the Blandford Hill Eco Hub development from Naturalis, a development that will include a 15MW solar farm with battery energy storage. The £10 million development will provide an electric vehicle charging hub, off the A354. It is set to include 6 ultra-rapid (up to 350kW) and 6
Spiralling UK energy prices and the collapse of several power suppliers recently has illustrated the danger of over-reliance for our energy needs on large companies. And with the rise of distributed renewable power sources, such as roof top solar and battery storage, the time is ripe for a re-think of our energy systems. The
Used lithium-ion batteries taken from carmaker Audi’s electric vehicles (EVs) have been repurposed into a ‘second-life’ stationary energy storage system by energy company RWE at a project in Herdecke, Germany. RWE has deployed the system, which has a capacity of around 4.5MWh, at the site of its pumped hydro energy storage (PHES) plant at
The price cap could jump 46% for summer 2022, hitting approximately £1,865 as wholesale power prices remain high. Currently, the winter 2021-22 cap is set at £1,277 per annum – which is itself a record high – but could increase by almost 50% when the new cap is set by Ofgem in February 2022,
Keep the lights on with one of these backup power sources. When you live somewhere with extreme weather or regular power outages, it's a good idea to have a backup power source for your home. There are various types of backup power systems on the market, but each of them serves the same primary purpose:
Changes to how solar PV park land in the UK is managed could see sites support four times as many bumble bees, new research has found. Specifically, this can be achieved by managing land as meadows rather than turf grass, with researchers at Lancaster University coming to this conclusion through the use of a model that simulated
Heat pumps and solar thermal are among technologies suggested by the government to help meet new carbon reduction goals. Under the new regulations, announced by the government yesterday (15 December), CO2 emissions from new build homes from 15 June 2022 must be around 30% lower than current standards and emissions from other new buildings,
Everyone is talking about the vanishing gap between household incomes and the affordability of rooftop solar, and that’s a good thing. Throw a home battery energy storage system into the mix, though, and the gap reappears. Now add the virtual power plant model, and the gap could turn into a yawning chasm of benefits,