cost

A wind energy consortium aims to make suction-bucket technology more widespread

Around 49% out of the 2,004 people surveyed also said they would pay a higher upfront cost for an electric vehicle

Electricity prices fell by 0.2% and gas prices fell by an average of 0.5%

  Renewable energy will be cheaper than fossil fuels by 2020. That’s according to the International Renewable Energy Agency (IRENA), which suggests this will be driven by rising investments in clean power projects, which will in turn cut the cost of energy for consumers. Although some forms of green generation can already compete with fuels […]

Hosting family and friends over the festive period could cost the UK as much as £825 million in additional energy bills. Each household hosting guests is likely to spend around £55 more on gas and electricity than they would otherwise, according to new data from price comparison site uSwitch.com. More than half of the country’s households […]

Outdated policies are blocking development of onshore wind, the cheapest new electricity generation technology in Britain. That’s the claim from the Energy and Climate Intelligence Unit (ECIU), which suggests this could result in £1 billion of knock-on impacts over the next five years for consumer bills, climate change goals and businesses. The organisation suggests electricity […]

Cost is the main barrier to the public adopting green energy technologies. That’s according to a new survey of 1,539 consumers by Electricity North West (ENW), in which 91% of all Brits said they are being held back from installing renewable and energy effiency features in their homes. More than half (56%) of consumers that […]

Decommissioning the North Sea’s oil and gas fields could cost British taxpayers £24 billion. That’s according to a report from energy research group Wood Mackenzie, which suggests the cost is likely to be much higher than the £16 billion projected by the Treasury. The cost of plugging wells, dismantling platforms and restoring the seabed could cancel out the remaining revenues […]

Solar power is now cheaper than fossil fuels. That’s according to a new report from the World Economic Forum (WEF), which states renewables have finally reached a tipping point of popularity thanks to massive investment, falling installation costs, a rise in clean energy policies and technological advancements. This is supported by new data from Bloomberg […]

Solar energy is fast undercutting wind to become the cheapest form of electricity. Although solar has previously cost less than wind in a number of particularly competitive projects, unsubsidised solar power is now starting to outcompete other energy sources on a much wider scale, according to a new report from Bloomberg New Energy Finance (BNEF). The energy research group’s report says this shift was […]