Contracts awarded to renewable energy projects last week would save £7 billion on electricity costs under wholesale prices seen in the current crisis, according to analysis from the Energy and Climate Intelligence Unit (ECIU).
Current± caught up with the energy sector, to find out their reactions to the recent increase in support funded by a windfall tax of oil and gas companies.
The Energy and Climate Intelligence Unit (ECIU) has criticised the lack of governmental support for onshore wind, highlighting that by 2035 the shortfall in the rollout of the technology could cost each household £125.
Yesterday’s British Energy Security Strategy has been met with disappointment from many in the energy sector, who have branded it a ‘missed opportunity'. Current± takes a look at how the industry has responded to the strategy.
A third of Britons are now considering installing a heat pump in an effort to get off Russian gas, according to a new survey from the Energy & Climate Intelligence Unit (ECIU).
Pursuing heat pumps and energy efficiency measures would be faster route to get off of Russian gas than proposed expansion of drilling in the North Sea.