A renewables industry leader has called for bolder action to tackle climate change after Prime Minister Theresa May unveiled the Government’s 25-year plan that aims to improve the state of the UK’s environment.
Goals outlined by the plan included cleaner air, reduced risk of harm from flooding and drought and more sustainable use of resources.
Measures announced as part of the document include curbing emissions from combustion plants and generators and establishing a new green business council...
The cost of generating power from onshore wind has fallen by around a quarter since 2010, with solar photovoltaic (PV) electricity costs also falling by 73 per cent in that time, according to analysis.
The report from the International Renewable Energy Agency (IRENA) also highlights that solar PV costs are expected to halve by 2020.
It said the best onshore wind and solar PV projects could be delivering electricity for an equivalent of three US cents per kilowatt hour (kWh), or less within the...
Integrated energy storage and renewable projects are expected to see annual income pass $23 billion by 2026, according to a new report.
The report predicts that as costs for renewable energy projects drop and policies and resilience demands increase, capacity for wind and solar PV will continue to rise across all regions and market segments.
This uptick in large-scale additions of variable forms of generation presents challenges to the electrical grid, but energy storage systems (ESSs) are hel...
Nine European industrial giants have pledged to further develop the green bond market.
The companies – which included EDF, SSE and Scottish Power-owner Iberdrola – have together already issued a total of €26 billion (£23bn) in green bonds, representing more than 10% of the market.
They pledged to continue issuing bonds to improve liquidity in the market.
Reports on the environmental impact of the projects funded by the bonds will also be released.
The group said: “Drawing...
A new report from the All-Party Parliamentary Group (APPG) on Energy Storage believes 12GW of battery storage deployment in the UK is possible by the end of 2021.
The Renewable Energy Association, the report’s authors, estimates that in 2016 only 0.06 GW of battery storage was installed and operational in the UK.
The report argues that increasing that 12GW of battery storage would have a positive impact on UK energy security, would support the creation of domestic battery manufacturing and wou...