Call for Ofgem action on soaring small business standing charges
The Federation of Small Businesses has called on Ofgem to address the escalating standing charges faced by small firms, highlighting the potential financial strain on many. The Federation of Small Businesses (FSB) has increased pressure on Ofgem, calling for prompt action to tackle rising standing charges affecting small firms nationwide. The FSB’s concern stems from the financial strain […]
UK offshore wind industry unveils growth plan
RenewableUK, in collaboration with key industry stakeholders, unveils a comprehensive Industrial Growth Plan aimed at tripling offshore wind manufacturing capacity over the next decade. The UK’s offshore wind sector is preparing for significant expansion with the introduction of an Industrial Growth Plan (IGP) by RenewableUK, the Offshore Wind Industry Council, and The Crown Estate. This plan outlines […]
Global energy storage market booms
Deployments in 2023 nearly tripled from the previous year and forecasts anticipate further significant expansion in 2024, according to a report. The global energy storage market is witnessing a significant surge, with deployments in 2023 tripling compared to the previous year and forecasts anticipate continued growth in 2024. That’s according to the latest report by BloombergNEF, which […]
Solar, wind and storage co-location: Electricity cost reduction
New report indicates that currently only 12% of wind and solar farms in the UK are co-located with energy storage facilities. A new report by RenewableUK suggests that integrating energy storage projects with onshore wind and solar farms can significantly reduce electricity system costs and enhance energy security. The report, titled “Making the most of renewables: the role of onshore co-location in accelerating an […]
Ofgem issues co-location guidance for renewable energy schemes
Ofgem has released guidance for RO, FIT, REGO and SEG scheme participants considering co-locating storage facilities. Ofgem has unveiled guidance for participants of the Renewables Obligation (RO), Feed-in Tariffs (FIT), Renewable Energy Guarantees of Origin (REGO), and Smart Export Guarantee (SEG) schemes contemplating the co-location of electricity storage facilities with accredited renewable generation installations. As the energy system shifts towards […]
Small businesses prioritise climate change, yet face barriers
A recent survey conducted indicates a growing emphasis on reducing greenhouse gas emissions among small and medium-sized enterprises in 2023. In recent findings, small businesses are increasingly prioritising action on climate change, according to a survey conducted by the SME Climate Hub. The survey, spanning 44 countries and 25 sectors, revealed a notable uptick in the importance […]
England has potential to increase clean energy output by 13 times
Researchers have pinpointed new onshore wind and solar sites across England, utilising less than 3% of land, potentially increasing clean energy output by 13 times. Researchers have identified promising new locations for onshore wind and solar projects across England, suggesting the country could significantly boost its clean energy output. According to recent analysis, approximately 374,900 hectares of land, equivalent to 2.9% […]
British businesses to receive free support for energy disputes
Small businesses in Britain will now have access to free redress and assistance from the Energy Ombudsman to resolve energy contract disputes. In a move aimed at supporting small businesses and tackling unfair energy practices, the government and Ofgem have introduced measures to provide free support for energy disputes. Small organisations with fewer than 50 employees will benefit from […]
Ofgem’s new rules to protect businesses unveiled
The energy regulator has announced new regulation ensuring fair treatment, better dispute resolution and transparent fees for businesses in the non domestic energy sector. Ofgem has introduced new measures to protect businesses in the non domestic energy sector, aiming to improve customer service and transparency on broker fees. The changes, effective from 1st July 2024, extend Standards of […]
Government ‘achieves three out of ten on energy security commitments’
The assessment by a think tank emphasised ten areas for action outlined in the Government’s 2022 strategy, covering aspects, including energy efficiency, grid operations, offshore wind and nuclear power. Analysis suggests that the government has only fulfilled three out of ten commitments it made two years ago to enhance the UK’s energy security. The Energy and […]