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.
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.
Wholesale gas price volatility caused by the Russian invasion of Ukraine, has cost the UK around £1,000 for each adult, the Energy and Climate Intelligence Unit (ECIU) said.
The latest figures from the Energy and Climate Intelligence Unit’s (ECIUs) Winter Power Tracker, show that renewables generated 42TWh of electricity between 1 October 2022 and 10 February 2023, negating the need for 85TWh of gas.