It will only be possible to unlock the potential of energy storage in the UK if the regulation of energy markets is reconfigured to reward its value, a top academic at the Institution of Mechanical Engineers has said.
Renewable energy service company ESCO NRG Ltd. has sold two UK PV projects totalling 23.5MW to Spanish energy supplier Gamma Solutions and North American PV developer SunEdison.
Going green can improve a company’s bottom line and give it a competitive advantage, one of Britain’s top business leaders said in a speech at the Ecobuild show in London on Wednesday.
The company showcased a selection of its products at the Ecobuild show in London this week, while regional sales manager David Lowen revealed the company is currently in discussions over a large-scale solar-plus-storage pilot project in the UK.
Speaking at the Ecobuild exhibition in London, the German firm said it was already seeing improvements in market conditions despite what is perceived as an unattractive feed-in tariff rate.
Plumbing Trade Supplies (PTS) has called on the Department of Energy and Climate Change (DECC) to reveal further details on the domestic renewable heat incentive (RHI), ahead of its imminent launch.
As part of parliament’s energy commitment, suggestions on how to save energy have been submitted, including the idea for the iconic landmark, Big Ben to upgrade to solar power.