Not only does generating energy from renewable sources reduce an organisations scope 2 emissions (scope 3 of their customers) but they also make great financial sense when sized correctly. The financial benefits consist of energy cost savings and revenue generating opportunities such as grid services, and market-based incentives. By combining 2 or more of these...
What is the Smart Export Guarantee (SEG)? The SEG is an initiative implemented by the UK government in 2020 which rewards households and small businesses for selling their surplus electricity back to the national grid. This replaced the Feed-in-Tariff (FiT) scheme which ended in 2019. The SEG exists to incentivise generating power through renewable energy...
Understanding Non-Commodity Costs in Energy Non-commodity costs are distinctly separate from commodity costs and relate to the delivery of energy to the consumer. These include transmission charges, distribution charges, and environmental levies imposed by the government. Generally speaking, the commodity cost will be tied to the current market rate and non-commodity costs are passed through...
Coyle joins OnGen at a period of significant growth and momentum, bringing thirty years’ experience in the energy sector Edinburgh, 30 August 2024 – OnGen, the SaaS provider and consultancy committed to seeing all consumers and businesses powered by energy from green, sustainable sources, has appointed industry expert, Mark Coyle, as non-executive director. Coyle is...
Introduction to Renewable Energy Myths With the energy transition in full swing and the renewables sector changing constantly, it can be easy to come across misinformation and misconceptions surrounding the capabilities of renewable technologies. False information leads to scepticism of how well renewable energy systems work, thus leading to a slower uptake. By debunking these...
Introduction to MCS and RECC The Microgeneration Certification Scheme, better known as MCS, is a quality assurance scheme which exists to assure the quality and reliability of products and installation companies across the industry. Being MCS accredited gives consumers the confidence that companies will manufacture and/or install to an industry expected standard. The Renewable Energy...
It’s a really exciting time for us at OnGen. The first few months of 2024 come with two major announcements – firstly, we were absolutely delighted to be the recipients of more than £300,000 in funding from the UK Government as part of the Artificial Intelligence for Decarbonisation Innovation Programme. Funding was awarded to UK...
Introduction to Renewable Energy and Government Policy Renewable energy is a sustainable source of energy that has the potential to power homes, businesses, communities, and entire countries. Oil and gas are finite sources of energy, and they have a variety of negative consequences for our planet. We are in a global transition phase in terms...
What is a Prosumer? Prosumers are individuals or businesses who can produce, control and consume their own energy. How to become a Prosumer For an individual or business to become a prosumer, it’s as simple as generating your own renewable energy, whether that be solar PV, wind or EV chargers. The energy that is produced...
Summary Last week, OnGen was delighted to attend EMEX 2023 in London alongside some of the energy industry’s most talented individuals and businesses. EMEX brings the topics of energy efficiency, innovative new technologies, and decarbonisation to the centre stage. It is the perfect opportunity to get insight into the latest developments across the energy industry...
