Solar thermal has been spared the axe under long-awaited reforms to the Renewable Heat Incentive, published today by the Department of Business, Energy and Industrial Strategy (BEIS).
Developers who were successful in winning contracts within last week’s Capacity Market auction have lauded the “crucial role” battery storage is set to play in the future for the national grid.
The number of battery storage projects to have won 15-year contracts in the latest Capacity Market auction is a sign of “considerable confidence” in the technology, according to the director of the Electricity Storage Network.
Ecotricity has been named among the top ten disruptive companies in Britain for its work in developing the Electric Highway and its upcoming investment in the country’s first green gas mill.
UK firms are being offered a share of the latest release of European solar PV research and development funding, which can be used for new building integrated systems (BIPV) and improved methods of grid integration of PV power.
Centrica is to launch a £19 million pilot project which will assess the development of a virtual energy marketplace with renewables and storage at its heart.
The imminent capacity market auction could offer some clues on the direction of travel, writes Terry Macalister, but the government could be missing a trick by not steering the mechanism down a greener path.
Ecotricity has closed its latest ecobond after successfully raising over £12 million from customers and the wider public to invest in the capital requirements of green energy generation.
