Used electric vehicle (EV) batteries could soon be on the market at a significantly reduced cost that competes with brand new energy storage systems, according to a Bloomberg New Energy Finance (BNEF) report.
Energy efficiency could offset the need for Hinkley Point C by 40% while demand side response (DSR) could make the project unnecessary altogether according to a new report published today.
The government has suggested changing the banding for company car tax rates from 2020 to reflect the growing range of ultra-low emission vehicles (ULEVs) expected to come to market in the next decade.
Business customers of Good Energy are to be offered access to the Piclo renewable energy trading platform after the green utility made a commercial agreement with Open Utility.
National Grid has elected to cancel its Demand Side Balancing Reserve (DSBR) tender for this winter after determining that “minimal volume” would be available.
Ecotricity's Electric Highway MD Simon Crowfoot revealed last week that the decision to start charging drivers using the network can only recoup some of the losses of maintaining the infrastructure.
Nearly 1,000 senior business leaders in the UK have criticised UK energy policy under consecutive governments, arguing that decisions made at a senior level had resulted in “bizarre outcomes”.
There is “great appetite” within the commercial battery storage market, however far more investment certainty is needed over pricing and regulatory hurdles such as double-pricing for it to realise its potential.
