Image: Chargepoint. The economics of combining solar and other renewables with electric vehicles is becoming so compelling that the oil sector faces a “relentless and irreversible decline”, a new report from BNP Paribas has concluded. The report, dubbed ‘Wells, wires...
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Coal closures continue as RWE shutters 1.56GW plant
RWE is to close its 1.56GW Aberthaw B coal-fired power station in March 2020, taking the UK’s operational coal fleet down to four. RWE cited ‘challenging’ market conditions as making the closure necessary. Those market conditions were also cited as the reason behind...
HMRC pushes steep VAT increase for new solar-battery systems
The Renewable Energy Association says the hike ‘contradicts the government’s commitment to tackling climate change’. Photograph: Simon Dack/Alamy Homes hoping to shrink their carbon footprints by installing a solar-battery system face a steep VAT increase from October...
MCS consults on new battery storage certification scheme
The Microgeneration Certification Scheme (MCS) has launched a consultation on its new certification for battery energy storage systems. The consultation is to last a month, closing to responses on 23 August at 5:00pm. The MCS first announced it was to launch a...
VEHICLE-TO-GRID PILOT SCHEMES GATHER PACE
Momentum is slowly building behind vehicle-to-grid (V2G) electric charging, as manufacturers, power companies and fleets look to capitalise on the opportunities presented by vehicle batteries as power storage solutions. V2G chargers enable a two-way flow of...
Social Energy: How It Works
Social Energy is a smart energy trading network for solar PV panels and battery customers. The decentralised grid-trading platform allows Social Energy customers to swap and trade energy with other customers and sell it to the National Grid for the best possible...
Net zero can be a catalyst for subsidy-free solar, Foresight says
Kencot Solar Farm, one of Foresight's operational assets in the UK. The UK’s net zero law stands to create a “supportive environment” that could act as a catalyst for subsidy-free solar developments, Foresight Solar Fund has said. The investor, one of the UK’s largest...