Major wind turbine makers are reporting massive losses and laying off swaths of employees. Siemens CEO sees supply chain snarls as a major challenge to future growth. European wind companies have also financially overextended themselves. Why isn’t wind power going gangbusters? In Europe, the energy crisis is causing solar power growth to break record
Ministers are planning to ban solar farms from most of England’s farmland, the Guardian can reveal. The new environment secretary, Ranil Jayawardena, is understood to oppose solar panels being placed on agricultural land, arguing that it impedes his programme of growth and boosting food production. To this end, say government sources, he has asked his
Octopus Energy has doubled its Fixed Outgoing tariff to help lower customers' bills as they head into winter. This will increase from 7.5p/kWh to 15p/kWh, with all customers on the tariff seeing their rate automatically changed from today (20 September). This includes domestic customers with solar installations that also use Octopus Energy as a supplier. Customers
The UK’s general public is overwhelmingly supportive in building new wind and solar farms in order to tackle the ongoing cost of energy crisis, according to Survation. Identified within polling released by Survation and commissioned by RenewableUK, the data showcased that almost every constituency in the UK is in favour of developing renewable generation sites
Wind farms paying back through the Contracts for Difference (CfD) scheme due to high power prices could now pay back £25 to each household from this October. According to new analysis from the Energy and Climate Intelligence Unit (ECIU), the process for these payments reaching bills was previously unclear and the benefits delayed. But a
Global increases in the cost of materials, freight, fuel and labor have set prices for new-build wind and solar back to where they were in 2019, according to a new report from BloombergNEF – but the setback for renewables is temporary, while for fossil fuels the cost gap continues to widen. The BloombergNEF report,
Average day-ahead, within-day and system prices in Q1 2022 all more than tripled compared to Q1 2021 as a result of the Russian invasion of Ukraine, EnAppSys has found. During Q1 2022, the average EPEX day-ahead price was £200.80/MWh, while the corresponding Nordpool price was £199.63/MWh — over triple the average prices for the
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
We have every tool we need to tackle the climate crisis. Here’s what some key sectors are doing The climate emergency is the biggest threat to civilisation we have ever faced. But there is good news: we already have every tool we need to beat it. The challenge is not identifying the solutions, but rolling
Getting to Know Bulb: The Next Generation Energy Supplier You’re here because you believe in a better approach to energy. Perhaps you’re an Electric Vehicle user who wants to charge their car more sustainably. Maybe you generate your own energy via PV solar panels and want a supplier that will give you a good rate