While COVID-19 looks set to hurt renewable growth in the short term, it will not halt it according to a new report by the International Energy Agency (IEA). In the agency’s Renewable Market Update report, it shows that globally there will be 167GW of renewable power capacity added in 2020, a 13% drop from
Many people want to know how much free electricity and income their home roof could generate if fitted with solar panels – if that includes you, then you’ve come to the right place.
Double charging of battery storage is to end, as Ofgem approves changes to the Connection and Use of System Code (CUSC). The UK regulator announced last year it was consulting on the removal of Balancing Service Use of System (BSUoS) charges for energy taken from the grid by storage assets. BSUoS charges allow National
Charging an electric vehicle (EV) is much cheaper than filling a petrol car. For example, the cost of charging a Renault ZOE 52kWh is around £8 so if you get a range of 200 miles out of it then the cost per mile is about 4p. A Renault Clio, however, uses fuel at around
A survey of over 2,000 “senior business leaders” in G20 countries has found that electric vehicles and battery storage are the most popular assets to invest in among non-power generation technologies in the energy sector. Law firm Ashurst has produced a 40-page research report on the global energy market and how it is changing, finding
The levelised cost of electricity (LCOE) that can be achieved today for battery energy storage means that “new-build batteries can be competitive on cost with gas peaker plants," according to BloombergNEF. Our sister site PV Tech reported yesterday that according to analysis BloombergNEF’s newly-published LCOE reports, solar’s levelised cost of electricity has fallen below
The Committee on Climate Change (CCC) has called for low carbon and climate-resilient infrastructure to be at the heart of the government’s approach to rebuilding the UK after COVID-19. In an open letter sent to Prime Minister Boris Johnson today, the CCC outlined five measures that should be taken as the country moves on
Renewable electricity may be only source to withstand biggest shock in 70 years Renewable electricity will be the only source resilient to the biggest global energy shock in 70 years triggered by the coronavirus pandemic, according to the world’s energy watchdog. The International Energy Agency said the outbreak of Covid-19 would wipe out demand
“Dramatic” recent gains have pushed solar’s levelised cost of electricity below US$30/MWh and will see the industry break the US$20/MWh average in a decade, BloombergNEF (BNEF) has said. New analysis from the consultancy found that utility-scale solar and onshore wind new-builds have become the cheapest option in countries home to two-thirds of the world’s population,
Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity storage technologies can be used for a variety of applications in the power sector, from e-mobility