Due to the high demand for green power, harvested renewable energy is projected to be at 100% by 2030. Based on a study commission by the federal government in Australia, clean energy from wind, solar and hydro is forecasted to produce the same amount of power as fossil fuels in less than 15 years time. However, investment may range from $219 billion to $252 billion.
A Renewable Heat Incentive is a scheme that was established by the Department of Energy and Climate Change (DECC). It promotes the use of renewable energy sources by offering quarterly payments to those involved in the scheme, so long as they abide by the guidelines in place.
There are two types of incentives, commercial and domestic, depending on the property in which the energy source is installed. But, with new rates coming into play on 1st January 2016, what does this mean for those looking at entering into the scheme in the near future?
In a summary of its provisional decision on remedies published today, the Competition and Markets Authority (CMA) has set out a comprehensive and wide-ranging package of remedies to address the problems hindering competition, which it proposes to introduce following the conclusion of its investigation in June.
In order to encourage improvements that will increase the energy-efficiency of properties in the UK, it has been suggested that financial gains need to be put in place. And, with plans already underway, the accuracy of mortgage lending could play an integral role in meeting these requirements.
BRE, Nationwide, the Energy Saving Trust and many other companies are currently involved in the LENDERS scheme, a project that involves increasing the accuracy when estimating how much a property is spending on energy. By doing so, they believe this will help to promote a worthy cycle in the property market for energy-efficient homes.
A report published by Transparency Market Research has stated that there will be an expected growth in the global heat pumps market which will see it worth around £90 billion by the year 2020. This forecast will mean a 13.10% compound annual growth rate over the next few years and has come about as consumers seek an alternative form of energy from the rising prices in fossil fuels.
If you’re looking at installing a renewable energy source within your home, the chances are you’ve stumbled across heat pumps, but with everything else on offer out there, it often becomes quite confusing. We’ve digested all of the information about heat pumps for you and provided you with a full detailed guide below that will help you establish whether this source of renewable energy is right for you.
As of 15h January, there have been new tariffs introduced by the government to their FITs (Feed-in Tariffs) schemes, which will be applicable for all new applications submitted. Any applications that were received before 14th January will be considered for the old rates, if the application is accepted.
Any applications that are submitted between now and 7th February will be placed into a queue system as the FIT scheme has been paused for this period of time. If you already had a FIT scheme approved before 14th January, then none of these new changes will affect you.
Despite the current relatively low price of oil and gas, many people are looking at a more sustainable way to heat their homes because they are worried about climate change and realise that fuel prices will not stay low forever.
Many will have now heard of an ‘air source heat pump’ and wondered whether this ‘new’ technology is suitable for their home.
Windows are one of the ways in which heat will be lost from your home, but with improved technology, energy-efficient windows can reduce the amount of heat lost as well as the amount of noise that enters into your home. This can be achieved with secondary glazing, double or triple glazing or more simply, by hanging heavier curtains in front of your windows.
It may not be one of the most talked about of energy sources, but a surprising amount of hospitals, schools and offices are looking into the ground for their heating energy sources. Ground source heat pumps can provide a great source of heat energy for larger buildings as well as your own home; and with the ground being so readily accessible, its popularity is growing.
Heat pumps have become more of an interest to homeowners now they are eligible for the domestic renewable heat incentive. Owners that choose this efficient alternative to heating their home can be paid for playing their part in the fight against global warming. Homes with decent insulation that choose to install heat pumps can reduce the cost of heating their home quite significantly (between £300 and £600 a year) as well as reduce carbon emissions. Unsure of what heat pumps are all about? This blog looks into the pros and cons of heat pumps to help you decide if they are the choice for you.
For all the eco-friendly, self-sustaining folks out there, biomass boilers are becoming a must-have household item. A good quality biomass boiler is compact, automated and is very close to a fossil fuel system. This means it is better for the environment with a nearly zero net carbon footprint and they can offer lower running costs.
The CMA has today published its provisional findings after a comprehensive year-long investigation into the energy market.
In a summary of its provisional findings published today, the Competition and Markets Authority (CMA) has highlighted a range of problems hindering competition in the market, including the extent to which consumers are engaged in the market and shortcomings in regulation and the ability to deliver change across the market. It also points to the need for a coherent and transparent approach to responsibilities and policy implementation by those overseeing the industry.
Are your solar panels under performing? If you think they are or you actually don’t have a clue then you need to read the following information. This blog covers the basics of solar panel maintenance and gives specific advice on systems available to help you monitor efficiency.