Two years ago, battery storage enjoyed a quite different environment. National Grid was offering attractively priced, bilateral Firm Frequency Response (FFR) contracts, so anyone on the enduring market could easily capture prices between £15/MWh and £25/MWh (and sometimes even higher). The Enhanced Frequency Response (EFR) tender also awarded 4-year contracts with an average price of
Solar generated 9% of Britain’s electricity on 30 June as carbon emissions dropped to a record-low of 97g/kWh, according to data from Drax. High levels of both solar and wind were credited with enabling the record, with renewables providing more than half (55.3%) of Britain’s electricity that day. Solar made up 9% of Britain’s electricity
The UK will need 20 million ‘mini power stations’ to reach its net zero energy goals, with the need to create a policy framework for technologies like solar PV and energy storage an immediate priority, a group convened in Britain’s parliament this week heard. While other rooms at Portcullis House, Westminster, were given over to
The fastest-expanding industrial sector on the planet is now electricity storage − a battery boom which heralds an end to the need for fossil fuels. LONDON, 18 January, 2019 − Billions of dollars are being invested worldwide in the developing battery boom, involving research into storage techniques to use the growing surpluses of cheap renewable
Lithium-ion batteries are far more widely recycled than many people think, while China and South Korea are already leaders of the emerging circular economy of lithium, a report commissioned by the Swedish Energy Agency has found. An often-cited figure is that “5% of lithium-ion batteries are recycled”, when in fact this statistic, taken originally from
If you missed last week’s launch of the UK Green Finance Strategy, it is entirely possible you’re not alone. The 80-page document may make for dry reading for all but finance diehards, but the issue it sets its sights on is consequential: the inescapable truth that the world is failing to invest in clean energy
The UK’s energy retail market is, slowly but surely, changing beyond recognition. Ever since the market was privatised in 1990, it has been dominated by a select handful of companies whose combined share of the market has at times topped 99%. Now, nearly 30 years later, that status is changing and their footing is being
The Conservative Environmental Network (CEN) has released its manifesto, outlining ideas for how the Conservative Party could tackle the climate emergency, including the removal of barriers to solar and storage. The CEN, an independent forum, MP caucus and membership organisation for conservative MPs that are supportive of conservation and decarbonisation, released its "optimistic" manifesto yesterday.
More than 80% of UK businesses generating renewable energy onsite plan to increase capacity over the next five years, according to a new survey. Conducted by Centrica Business Solutions (CBS), the research report, Distributed Energy Future Trends: The insights behind sustainable business growth, features the findings of a survey of almost 600 UK businesses. The
A roadblock to sustainable energy solutions is coming unstuck The way the world gets its electricity is undergoing a rapid transition, driven by both the increased urgency of decarbonizing energy systems and the plummeting costs of wind and solar technology. In the past decade electricity generated by renewables in the U.S. has doubled, primarily from