A recently established solar energy company has been set up with the aim of protecting customers from future changes to feed in tariffs.
Home Solar Saver Co was established by couple Ian and Lindsey Reed and helps domestic and commercial customers accurately calculate their energy usage after renewable energy technologies have been installed.
The introduction of smart meters in millions of UK homes and businesses from 2014 looks set to deliver over £7 billion in benefits to the UK economy, according to ClickGreen.
The Government scheme, which will be rolled out between 2014 and 2019, will see energy suppliers installing smart meters in 28 million homes and 2 million small businesses, helping consumers to save money on energy bills whilst slashing their carbon footprint.
North East based TAG Energy Solutions has become one of the first UK companies to join ‘Norstec’ a new renewables sector initiative launched by the Prime Minister, David Cameron yesterday at the Clean Energy Ministerial Conference.
Norstec is a new industry partnership, which brings together key players with an interest in making the most of the North Sea’s renewable energy resource, with more than twenty firms signing up to a shared vision to create a major new renewable energy power centre in the North Sea.
22 organisations have met with Climate Change Minister Greg Barker, to sign an agreement to work to become the UK’s first Green Deal providers – the Green Deal is the government’s plan to improve and implement practical energy saving measures and domestic renewable energy investment.
The organisations who signed up to the agreement with DECC include big business, SMEs and a community groups. Green Deal providers will be offering energy efficiency packages to consumers when the scheme launches later in 2012. The Government will be working with the the 22 companies to ensure the move from testing into a managed launch in October this year works seamlessly and provides the required customer experience from day one.
CO2Sense, the not-for-profit low-carbon expert company, will become an independent Community Interest Company (CIC).
The company, which was formerly owned by the regional development agency Yorkshire Forward, was granted permission to become independent by the Department for Business, Innovation and Skills (BIS). Elsewhere in the UK, the majority of RDA land and property assets are now managed by the Homes and Communities Agency (HCA).
Ed Davey, Minister for Energy & Climate Change, has confirmed this week that during the Easter recess, he will launch the CCS Commercialisation Programme – the Government’s competition for Carbon Capture & Storage – and publish a CCS Roadmap.
According to DECC, CCS has the potential to be one of the most cost effective technologies for decarbonisation of the UK’s power and industrial sectors, as well as a significant green growth opportunity. Launching the competition and publishing the CCS Roadmap will be a major step forward regarding the Government’s CCS agenda. The CCS Commercialisation Programme will, subject to State Aid clearance, support commercial scale CCS with £1bn in capital funding that has previously been made available.
We are delighted to announce that Professor Dermot Roddy will be joining an impressive line up of speakers for our annual conference ’Energy & Environment North East 2012′, on June 27th at the Newcastle Gosforth Marriott Hotel.
Professor Roddy of Five Quarter – a new energy technology company – will be providing insights into the revolutionary underground coal gasification project which aims to release the huge energy potential remaining in the North East’s coalfields.
BIS have announced today that the headquarters of the new GIB will be located in Edinburgh, with the main transaction team being based in London. This arrangement will according to BIS, enable a greater commercial reach nationally than could be achieved from one location.
The next step for the GIB is the recruitment of a Chair and Senior Independent Director with the aim of being fully operational by Autumn, subject to state aid approval for the GIB. The GIB is expected to employ 50-70 full time equivalent staff in Edinburgh and London. Continue reading
The National Renewable Energy Centre (Narec) has announced the formation of a new photovoltaic division – Narec Solar Ltd.
Muckle LLP have assisted Narec in the formation of the new company following an investment made by a European partner. This will now allow Narec to continue to provide solar energy products and services to clients around the world.
Narec Solar will work with their new partners to grow a global client base for solar cells, solar cell modules, research and development, and consultancy services. Narec have restructured its core operations to focus on the development of offshore renewable technologies – wind, wave and tidal. The sale was structured to create a new standalone business, with Narec also maintaining an ongoing interest in the new company – so the links and support remain.
A consortium bid from Carbon Trust, National Renewable Energy Centre (Narec) and Ocean Energy Innovation has been selected by the Technology Strategy Board (TSB) to play a pivotal role in setting up the Offshore Renewable Energy Catapult. It will receive up to £10m per annum over five years (£50 million) from the Technology Strategy Board.
The new Catapult Centre, which will open in summer 2012 and will according to Narec, reinforce the UK’s position as the global leader in offshore renewable energy by significantly accelerating the development and market deployment of new renewable energy technologies. The Catapult’s Operations Centre will be based at the Narec Technology Park in Blyth, Northumberland.