News

  • New tidal record is a sign of big things to come
    on July 16, 2019 at 3:20 pm

    SIMEC Atlantis a sustainable energy generation company says that its MeyGen tidal turbines have now sent 17.5GWh of renewable electricity to the National Grid, surpassing its previous record of 11GWh. The MeyGen scheme which is situated off the Caithness coast in Scotland involves four tidal turbines which weigh around 200 tonnes each. The CEO of SIMEC Atlantis Tim Cornelius stated that phase 1A of the MeyGen project has already generated £1.85 million in rev[... […]

  • Smart Export Guarantee: what you need to know
    on July 12, 2019 at 5:24 pm

    The UK government has designed a ‘Smart Export Guarantee’ system which is set to replace the Feed-In-Tariff (FiT) that has been removed as of April 2019. The FiT essentially guaranteed producers of renewable energy a price per KWh of electricity produced as well as a price for the excess energy that producers exported to the grid. To find out more about this, click here. The Smart Export Guarantee (SEG) under law, ensures that businesses and residents [... […]

  • How homeowners can cut more than just repayments with new green mortgages
    on July 2, 2019 at 3:41 pm

    The UK government yesterday launched a £5m fund for the financial sector to begin developing green mortgages as well as a £10m fund to reduce the costs of retrofitting the UK’s housing stock. The initiative aims to reduce the energy consumption of homeowners by rewarding them with cheaper mortgage rates. Once consumers improve the energy rating of their home, they will be eligible to receive a reduced mortgage rate. […]

  • A beginner`s guide to community energy
    on June 28, 2019 at 2:01 pm

    Energy prices are on the rise. It was announced in February by Ofgem that 15m households will see their energy bills increase by more than £100 a year as of April 2019. The reason for this rise according to Ofgem, is due to an increase in wholesale costs of big energy suppliers. This announcement came only a month after the government promised to cap energy bills. Further, based upon future predictions, energy prices could rise by 30 % by 2025. [... […]

  • VAT on solar and battery systems set to rise
    on June 25, 2019 at 5:12 pm

    It has today been announced that VAT on solar panels and home batteries will increase from 5% to 20% as of October 2019. These changes have come as a huge blow for households hoping to reduce their carbon footprint by installing solar/battery systems.  The proposed tax reforms have come on the same day that MPs are debating the government’s new net zero carbon target for 2050. This has brought about great criticism, with the Renewable Energy Association[... […]