India to increase energy efficiency investments
India could commit as much as $5 billion (£3.4bn) to energy efficiency projects by 2020, a new report by consultancy Sustainable Outlook has been able to suggest. That is the estimated amount to be invested through the government’s Perform-Achieve-Trade (PAT) scheme, which was launched in 2008 and aims to increase energy efficiency in industries by […]
Even the cheapest energy deals set to increase by £70, suppliers warn
The Competition and Markets Authority’s proposal to relaxing rules governing switching sites in an attempt to boost competition and drive down prices could actually leave households worse off, a letter signed by six small energy suppliers has recently warned. Currently, most switching sites follow an industry code requiring them to give users a clear option […]
Households to pay £105 more on their energy bills by 2020, new research claims
Policies currently in place could potentially add up to £105 to yearly household energy bills by 2020, recent research from Cornwall Energy has revealed. The energy price increases will be caused by the cost of the Capacity Market, Renewables Obligation (RO), Contracts for Difference (CfD) and Feed-in Tariff schemes. Jo Butlin, Managing Director at Cornwall […]
Lincolnshire residents offered the option to replace old heating systems for free
Residents in Lincolnshire who have never benefited from having a central heating system installed will be able to do so in the near future, completely free of charge, as part of a new scheme introduced by local authorities in the area, a news report has been able to suggest. After a successful funding bid to […]
New £20m energy research centre to open at Newcastle University
Newcastle University will create a new £20m research and testing centre designed to provide real-time understanding of UK energy use and ultimately help drive down customer bills, a recent news report has revealed. The EPSRC National Centre for Energy Systems Integration will allow experts to test the entire UK energy system in real time with […]
Energy Efficiency Measures help US Firms save $1.3bn
Implementing advanced energy saving measures has helped US firms save more than $1.3(£0.89) billion on their overall bills, a news report suggests. The 310 public and private organisations made energy-saving commitments through the Department of Energy’s ‘Better Buildings Challenge’, resulting in the cost savings. The initiative, which was launched by President Barack Obama in 2011, […]
Up to 42k energy efficiency measures deployed in March
Building energy management systems were among the 42,600 energy efficiency measures installed in March under the government’s Energy Company Obligation (ECO), according to official figures released by the DECC. In total 1.79 million measures have been installed under the scheme which requires larger suppliers to deliver energy-saving solutions such as efficient boilers and insulation in […]
Nearly half of Europe’s heating energy to come from renewable sources by 2040, study claims
Nearly half of European space heating could be renewable within 20 years, a recent study from IHS Energy has claimed, as a result of tightening existing regulations that could lower end-user natural gas demand by half within the next 20 to 25 years, reducing residential carbon dioxide emissions by more than 75 percent by 2050. […]
Global market for home energy management systems and smart homes to reach USD 121.73 Billion by 2022
The global market for home energy management systems and smart homes to reach USD 121.73 Billion by 2022, the latest report from Research and Markets, “Smart Home Market by Product, Software & Service, and Geography – Global Forecast to 2022” has been able to suggest. The global market for home energy management systems and automation […]
Building energy management systems – a must for any energy efficient building
A fully integrated building energy management system is the most important component in making any building an energy efficient one, and should be considered above all else when searching for solutions to reduce overall energy consumption. This is exactly the type of initiative that has been recently launched across India, where the ministry of science […]