3rd November 2020 | Commercial Energy
Wind and solar costs declined by more than 10% in 2019, according to Capgemini’s latest World Energy Markets Observatory (WEMO) report. The WEMO report observed “consistently lower costs being recorded month after month”. Lithium ion batteries used in stationary storage and electric vehicle markets decreased by 19% in 2019, WEMO found with 115 lithium ion…Read more
2nd November 2020 | Commercial Energy
It is the ingenuity of private business that is going to provide the solutions if we are to reach net zero. Achieving carbon net zero by 2050 is now a legal requirement, but most of us only have a vague idea on how we are going to do this. Is it even possible without giving…Read more
30th October 2020 | Commercial Energy
Industry regulator Ofgem said Nabuh Energy, Robin Hood Energy and Symbio Energy are unlikely to pay up by a final deadline on October 31. The energy regulator has issued three final orders for £15 million in unpaid fees for renewable energy programmes and warned it could strip the offending suppliers of their licences if they…Read more
28th October 2020 | Commercial Energy
A new report from global technology company Wärtsilä shows that the bulk of UK and US stimulus packages announced for energy have supported fossil fuel generation. The company said the measures to rebuild from the impact of the Covid-19 pandemic were missing the opportunity to create new green jobs and accelerate the transition towards a…Read more
27th October 2020 | Commercial Energy
Oil and gas majors have underlined their confidence in the feasibility of storing huge amounts of carbon dioxide beneath the North Sea to help secure big cuts in harmful emissions. Five of the biggest players in the industry have formed a partnership to lead work on a project that it is hoped could play a…Read more