Distributed energy ‘could save UK almost £1bn’

Distributed energy solutions could achieve almost £1 billion worth of energy savings each year. That’s the verdict from Centrica, which suggests wider adoption of these technologies could also deliver an £18.5 billion boost to the country’s overall economic growth. The energy firm analysed the potential role of solutions like battery storage, onsite generation and energy […]

Centrica invests in US energy blockchain firm

A New York-based start-up specialising in blockchain-based solutions for the energy market has secured investment from Centrica. LO3 Energy is working on a commercialised blockchain-based platform that would enable peer-to-peer energy trading and help accelerate the transition to a distributed energy future. The use of blockchain enables LO3’s platform to store and validate data that […]

Fuel cells ‘could slash domestic energy costs by £400’

A new fuel cell technology could allow households to cut energy costs by up to £400 and slash carbon emissions by two tonnes a year. Developer Ceres’ SteelCell home units convert natural gas into electricity and heat at a high efficiency rate, providing enough power to supply an electric vehicle (EV) and reduce demand on […]

Views sought on creating new markets for distributed energy

The Energy Networks Association (ENA) is seeking views on creating new markets for distributed energy resources (DERs). It has launched a consultation on how to create a smart electricity grid for technologies such as battery storage, solar panels and services such as electric vehicles to grid demand response. It is part of its Open Networks […]

UK embedded energy grew by 6% in the last year

Total embedded generation in the UK increased by 6% between the first quarter of 2016 and 2017. That’s according to energy market data manager Electralink, which suggests much of this growth has come from renewable sources such as wind and solar installations – in March this year, wind and solar generation were up a third on the same period […]

Energy projects to adopt technology used by Bitcoin

Two new energy projects aim to explore how new digital technology could transform the sector. They are part of seven Distributed Ledger Technology (DLT) projects that have collectively secured more than £3.6 million of investment from the Engineering and Physical Sciences Research Council (EPSRC). The technology is essentially a series of databases which are shared […]

UK businesses eye smart and distributed energy

A third of industrial firms are planning to invest more than £1 million in smart and distributed energy by 2022. That’s according to a new survey of more than 500 UK businesses conducted by PwC. One in five commercial firms said they planned to invest similarly, with mitigating high energy costs and managing security of […]

European firms make smart decision on new joint venture

A new joint venture aims to commercially implement the results of two smart grid technology research projects. The ‘egrid’ collaboration between Siemens and Allgäuer Überlandwerk GmbH (AÜW), will build upon the findings from the IRENE and IREN2 programmes. These schemes looked into balancing generation and consumption by examining new grid structures and optimising distributed energy systems in Wildpoldsried, a Bavarian village where the amount […]

E.ON and Radission Blu to slash emissions overnight

E.ON has partnered with Radisson Blu to create a low-emission hotel in Frankfurt. The energy firm has installed an industrial scale fuel cell in the building which is expected to generate around three GWh of electricity and two GWh of heat. With more than 400 rooms and suites, the hotel has enormous energy needs, which had previously been covered entirely by the […]

UK Power Networks lays out new energy plan

UK Power Networks is to develop a smart, flexible energy system to help keep costs down for consumers. The group is transitioning from a Distribution Network Owner (DNO) role to becoming a Distribution System Operator (DSO). That means instead of just managing the power flow in and out of businesses and homes, it will now also […]