The EIB invests €150 million in household energy products

The European Investment Bank is financing the development of eco design products. The Swedish household products manufacturer Electrolux has received €150 million loan (£108m) to help it produce innovative household goods that consume less electricity and use fewer resources. It also wants to use more recycled material in its products. EIB Vice-President responsible for lending in Sweden […]

‘Big Brother’ control of home energy use slammed

Plans to control the energy use of appliances in British homes have been criticised for being ‘Big Brother’-esque. The National Grid wants to be able to switch off new appliances such as fridges and freezers remotely via sensors, to avoid power cuts if there is too much demand for the country’s electricity supplies. The technology […]