Electricity generated from rooftop solar panels could soon be cheaper than conventional supplies produced by big power stations, putting an end to the era of the big utility company. Energy UK, the body that represents British Gas, E.ON, EDF, National Grid, RWE and 85 other companies, said that the era of building giant power plants to pump electricity on demand to households and businesses was coming to a close. Instead, the British energy market is shifting to a new model, in which small-scale electricity generation via rooftop solar panels and wind turbines will become increasingly important in meeting demand, according to a report published by Energy UK today. The report, Pathways to 2030, says that the model will also involve battery storage and the importing of electricity.
Times 24th Feb 2016 read more »
The UK “must try harder” to attract investment into renewable generation capacity, as the global power market enters “a year of reckoning”, analyst EY has warned. EY’s quarterly Renewable Energy Country Attractiveness Index (RECAI), reeased this week, claims “a lack of regulatory clarity” from central Government has seen the UK join the likes of Saudi Arabia, Poland, and Australia as countries which are entering a critical 12 to 18 months to increase renewable project roll-outs.
Edie 23rd Feb 2016 read more »