The take-off of EVs will happen when the lifetime cost of ownership falls below that for a conventional car. But let’s remember that “lifetime” for a Brit means 4 years as that’s the average period of ownership. Gerard Wynn and Arjun Flora at IEEFA show how the payback period on Gerard’s Renault Zoe ZE50 has been cut by over a fifth simply by signing up to a smart meter tariff. It’s dropped from 10 to 8 years. The UK is nearing the universal roll … [Read more...]
Europe’s new Hydrogen Strategy: the questions that still need answering
Yesterday saw the launch of the EC’s new Hydrogen Strategy, the focus of our next live online discussion and Q&A. Register now to join us at the event next Wednesday at 12.45 CEST on Zoom to hear direct from the European Commission's Dr. Florian Ermacora, Future Energy System expert Prof. dr. Ad van Wijk, Giulia Branzi - Head of Regulation at event partner SNAM and trading specialist Marcel Steinbach of BDEW. Here, to set the scene, Gökçe … [Read more...]
2019-2024: competitive auctions will launch over 2/3rds of utility-scale renewables, says IEA
Government support for new utility-scale capacity is being replaced with competitive auctions, the surest sign that the commercial appetite for renewables - particularly solar PV and onshore wind - is growing strong. This article by the IEA pulls out the essential numbers from their annual Renewables 2019 report (their 5-year market analysis and forecast for renewable energy and technologies in the electricity, heat and transport sectors). The … [Read more...]
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