4th October 2016 | Commercial Energy
There needs to be a radical overhaul of the way pumped storage hydro’s benefits are quantified to reflect the value it can bring to the electricity system, according to a new report by DNV GL. The report is called “The Benefits of Pumped Storage Hydro to the UK” and was funded by the Scottish Government,…Read more
1st October 2016 | Residential Energy
The predicted cost to replace all domestic meters with smart meters by the end of 2020 (around 53m will be fitted in more than 30m homes and businesses) is about £200 per meter, which will be borne by consumers through increased bills. So far, around 3.3m first-generation meters have been installed in UK homes. But…Read more
29th September 2016 | Commercial Energy
Electricity is vital for the developed world, powering everything from lamps to laptops, kettles to cars and the UK Government has committed to securing a low carbon energy supply for years, thanks to signing the Kyoto Protocol in 1995 and the Climate Change Act of 2008. It pledged to reduce emissions by 80 per cent…Read more
28th September 2016 | Residential Energy
According to a new major report release this week by the European Renewable Energies Federation, half of all EU citizens could be generating, storing or selling their own electricity by 2050. The report suggests that 264 million so-called “energy citizens” could meet 45% of the EU’s electricity demand by 2050, as the energy market across…Read more
27th September 2016 | Commercial Energy
Less than 24 hours after the Labour Party said it would ban fracking, a US tanker will bring the first shipment of fracked shale gas to the UK. Ineos, the company founded and chaired by low-profile billionaire Jim Ratcliffe, will take a delivery of a tanker full of ethane at its Grangemouth plant, the first…Read more