16 February, 2023 – The Isle of Man’s solar and onshore wind project, to be installed by Manx Utilities, has been backed by the Council of Ministers. It is predicted that this renewable development will have the ability to generate 75% of the island’s electricity.
16 February, 2023 – Marks & Spencer has announced this week that they will be exiting the energy sector and will transfer their 60’000 customers to Octopus Energy. M&S Energy has been in partnership with Octopus since 2018, but in a recent statement have explained that they are looking to simplify their services portfolio.
14 February, 2023 – Yorkshire Water and UKPN have teamed up to install and maintain 1’000 electrical vehicle charge points for their electrical vans. This is part of Yorkshire Water’s roadmap to net zero by 2030. Employees driving a company EV will also have a charge point installed at their home.
14 February, 2023 – Octopus Energy are releasing a heat pump that will cost similar to a gas boiler. The heat pump will be priced around £2,500 compared to the £3,000/£3,500 usually quoted. This will create significant savings for customers looking to install low-carbon heating technologies.
10 February, 2023 – As interests in battery storage spike and the UK shifts to renewables, investment into energy storage is crucial to secure sustainable power using modern battery technologies. The energy crisis is a stark reminder of the importance of energy security, flexibility and making the most of on-site renewable generation.
8 February, 2023 – Octopus energy plans to enable self-generating businesses with multiple sites to export excess renewable energy to their other locations within the UK. The model is designed to work irrespective of the technology used to generate the power. This could save some businesses as much as 25% on annual bills.
8 February, 2023 – Smart energy technology provider, SolarEdge, has launched its first virtual power plant in order to stabilise Britain’s grid. SolarEdge home battery owners will benefit financially by exporting energy stored within their batteries back to the grid, helping minimise grid consumption and stabilize demand.
8 February, 2023 – Green electricity and green gas state that the number of its business customers using green energy products has risen from 6% to almost 30% over the past year. Following their sixth eco act verification, they can assure clients that their purchased green electricity was generated by renewables.
1 February, 2023 – As part of Ripple Energy’s consumer-owned energy project, the company allows consumers to co-own a source of renewable energy generation by buying wind farm shares. With over 16,000 reservations, participants in the project will receive money off their electricity bills based on the energy produced on the site.
1 February, 2023 – The UK has long been seen as a leader in green technology, especially offshore wind with an estimated 840,000 jobs linked to sector ranging from renewable energy to waste management. However, the country needs to ease restrictive planning and regulations or the UK will fall behind in the net zero race.
