eciu

A new report by the Energy & Climate Intelligence Unit (ECIU) found that had the delay in the UK’s deployment of renewables been avoided households could have saved roughly £1,750 on theirs bills in 2022.

A new study by the Energy and Climate Intelligence Unit (ECIU) has found that the energy generated from one wind farm would negate the need for new North Sea Gas fields, whilst heat pumps could save half the gas required by a moratorium on new North Sea licences.

Current± reports on the ECIU's third Net Zero Stocktake report presentation in Bonn, Germany s part of the first week of the Bonn Climate Conference.

The Energy and Climate Intelligence Unit (ECIU), a nonprofit advisory group, has published research predicting that current government policies for heating new and existing homes will dramatically increase foreign gas dependence. 

With Ofgem announcing yesterday (25 May) that the energy price cap would fall to £2,074 industry has reacted positively to the news.

Octopus Energy’s generation arm has partnered with Legal & General Capital to invest £70 million in UK ground source heat pump manufacturer, The Kensa Group.

The Energy and Climate Intelligence Unit (ECIU) says that current UK government policies will leave British consumers dependent on foreign gas imports into the 2030s. 

Rising heat pump demand could see the UK Government’s flagship Boiler Upgrade Scheme (BUS) run out of vouchers as early as 2024 – months before it’s original end date in March 2025.

The Energy and Climate Intelligence Unit (ECIU) has indicated that should the UK government be slow in the rollout of EV and vehicle-to-grid (V2G) technology, the UK could miss out on £6.5 billion on energy bills.

In this weeks’ Current± Price Watch – powered by Enact – we take a look at the use of the coal units, the surge in imbalance price and how National Grid ESO worked to keep the lights on.