beis

​By the end of 2021, there were 27.8 million smart and advanced meters in homes and small businesses in Great Britain.

​The Public Accounts Committee has said that the government has “no clear plan” for how the transition to net zero will be funded, nor a reliable estimate of what net zero will cost consumers, businesses or the government itself.

The T-4 Capacity Market auction has cleared at a record high of £30.59/kW/year, due largely to the decommissioning of old assets and higher capacity needs.

​The UK government has unveiled nearly £7 million in funding to help “turbocharge” long duration storage.

​Contracts for Difference (CfD) auctions will now be held annually as the government looks to accelerate domestic renewable electricity production.

​The government has announced £179 million in funding to provide energy efficiency upgrades to social housing, including the installation of heat pumps and solar panels.

The government is proposing changes to the Contracts for Difference (CfD) mechanism that it said would drive down the cost of energy generation.

Decarbonising residential heating is a difficult task due to the scale, complexity and cost of the challenge, the BEIS select committee has found.

Low carbon heat technology installed under the voucher segment of the Green Homes Grant is resulting in an annual bill saving of £641,000.