Battery sector ‘to attract $1.2tn of investment by 2040’

Bloomberg New Energy Finance expects this to cause a significant boom in the technology

ELF 2018: Reducing energy costs biggest challenge for 38% of large power users

The event attracted large energy users with more than £2bn of energy spend

The future of Triads and network charges

KiWi Power suggests the days of Triad and DNUoS charges appear to be numbered

MPs: All energy tech should compete in single auction for low cost power

The UK Government should allow all technologies to compete in a single, “technology-neutral” auction to supply electricity at the lowest possible cost to consumers. That’s the suggestion from the House of Lords Economic Affairs Committee (EAC), which believes consumers may be paying “unnecessarily high costs” to meet the UK’s interim carbon budget targets. The carbon […]

Greg Clark: UK energy system seeing ‘intense tech innovation’

The energy system is experiencing “intense technological innovation” to help deliver reliable, clean and cheap power. That’s according to Business, Energy and Industrial Secretary Greg Clark, who was speaking at the Energy UK conference in London yesterday. Mr Clark highlighted the government’s commitment to new energy technologies from demand side to smart meters as they […]

$20m to take energy techs from labs to market

The US has launched a $20 million (£13.6m) fund to help take energy technologies from the labs to the market. The money from the Department of Energy’s (DOE) Office of Technology Transitions (OTT) will boost the development of technologies with commercial potential and help strengthen links between labs and private sector companies. Laboratories can apply for a share of […]

Lord Bourne reaffirms support for green innovation

Lord Bourne has reaffirmed the UK Government’s support to boost innovation in clean technologies. Speaking at an event in London, the Parliamentary Under Secretary of State at DECC said green innovation is vital to tackling climate change and supporting the country’s transition towards a low carbon economy. The innovation programme aims to “stimulate and leverage […]

US university invests $7.6m in energy research

Stanford University has awarded $7.6 million (£5.1m) for research on advanced energy technologies. Six research teams will share the fund to seek innovative solutions to climate change in industrialised and developing countries. The money will support the development of solar technologies, lightweight materials for vehicles and techniques to generate biofuels from Carbon Dioxide and minerals. It is part of […]

Governments ‘should increase funding in low carbon research’

Countries should increase investment in low carbon research and development (R&D) by 2030. They should set targets to boost public investment in these technologies, according to a report by the Grantham Research Institute on Climate Change and the Environment. The commitments to fund R&D should have a long term component just like carbon emission caps, it […]

UK offers £1.5m for ‘game changing’ energy tech

Small and medium sized businesses are being invited to bid for a share of £1.5 million for “game changing” technologies that could be adapted to the energy industry. Innovate UK, funded by the UK Government, is seeking businesses operating primarily outside the energy sector to lead projects that tackle challenges in the oil and gas, […]