Gordon Edge of RenewableUK says a recognition of how the new energy market works presents a solution to the government’s dilemmas on Contracts for Difference Government objectives for energy policy are that it must be secure, sustainable and affordable; decarbonisation…
News
Crowdfunding renewables: portable solar (storage included)
by New Power •
Renovagen has launched its second equity crowdfunding campaign on Crowdcube. The company wants up to £1 million to fund its “Roll-Array” flexible, rollable, transportable solar farm units. The units include energy storage. The company says its technology rolls out “18kW…
Flash update
Only 34 per cent of consumers trust energy suppliers, according to Which?
by Annabel Andrews •
Only 34 per cent of consumers trust gas and electricity suppliers, and 31 per cent actively distrust energy suppliers, according to Which?’s latest consumer insight tracker. Some 63% of people are worried about energy prices Which? is calling on the Competition and…
News
UK companies missing out on business benefits of renewable power
by Annabel Andrews •
Many UK companies want to support renewable electricity, but are confused by a “bewildering variety of costs and schemes which made it hard to be sure of the carbon content of what they were buying”, according to a report from Smartest…
Perspective
More debate on energy industry codes: Electralink wants ‘simplified and competitive approach’
by New Power •
Elizabeth Lawlor, head of governance services at ElectraLink, sets out the company’s proposed approach to reforming code governance The UK energy market is historically complex which is mirrored within supporting industry codes. Naturally, SmartestEnergy’s opinion piece in October’s New Power,…
News
MPs: energy policy shifts have hit investor confidence and will raise consumer costs
by New Power •
MPs: energy policy shifts have hit investor confidence and will raise consumer costs
News
Reduce stamp duty for energy efficient houses, says think tank
by Annabel Andrews •
The government should encourage home buyers to purchase energy efficient homes by reducing stamp duty for homes with a high efficiency rating, according to a new Policy Exchange report published today. Lenders should also provide energy efficiency mortgages, the think…
News
Winning £2 billion benefit of storage ‘requires joint action on market frameworks’
by New Power •
Effective use of storage could reduce the costs of managing a highly variable electricity system by £2.4 billion per year by 2030, a new report has concluded. But to use storage most efficiently the interests of a wide variety of…
Flash update
Capacity Market reform promises emergency auction for 2017/18, plus action on dirty diesels and non-delivery
by New Power •
An emergency Capacity Market auction will be held in January for delivery in winter 2017/18, the Department of Energy and Climate Change (Decc) said in a consultation on changes to the CM intended to improve security of supply and bring…