The cost of developing solar projects has increased by up to 50% as a result of the Electricity Generator Levy and inflation, Energy UK has said. Due to the newly introduced Electricity Generator Levy, current inflation levels and supply chain difficulties, costs associated with the creation of low carbon generation projects have increased by
Energy supplier Good Energy is launching a new smart export product for its Feed-in-Tariff (FiT) customers. This marks an “evolution for the business”, the company said, as the scalability of smart export offers significant potential. Customers that choose to move to a smart export will receive payment for the actual amount of electricity they export,
The Microgeneration Certification Scheme (MCS), has released its latest data showing that 130,596 solar photovoltaic (PV) systems were installed in UK homes last year – a 114% rise from 2021. This figure made up the majority of the total 163,341 MCS certified installations, marking the highest annual deployment since 2015, which saw 200,000 installations. The
Payback periods as low as six years on new rooftop solar means up to 19 years of free power now for property owners who install panels, academics at the Energy & Climate Intelligence Unit have calculated. With UK rooftop installations now running at a reported 8,000 per month, consumers adopting PV are responding rationally to price signals
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%
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
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
Home batteries can make your solar roof a much better investment. Home battery storage is moving from an exotic feature of the homes of the wealthy to a more mainstream option for any home with solar panels, incentivized by a new 30% federal tax credit. But If you think of batteries primarily as a backup