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The car industry is in a state of flux. The demand for diesel cars is dropping and tough new EU regulations are increasing the need for more electric cars. These reasons, among others are why automakers such as Volkswagen and Nissan are ramping up their production of electric vehicles. There are encouraging signs that consumer interest in EV's is picking up and 2021 could be a significant year for the industry.
Energy UK's latest switching figures show that 6 million customers switched supplier in 2020. Compared to the record number of switches in 2019 the switching levels were down by 6.5%, however results show that half a million customers still move to a new supplier every month.
New energy Supplier, Rebel Energy aims to disrupt the energy market later on this year and we are proud to empower them with our energy SaaS platform. CEO, Dan Bates explains that he wants his company to offer transparency and engagement to UK energy consumers.
The annual UK energy satisfaction survey results are out and we have seen very strong result across our UK customers as they transform customer experience of energy with the top score, recommended providers, fastest call times and forming much of the top ten.
In the most recent Future Homes Standard consultation the government has restated its commitment to heat pumps to help new homes and commercial buildings reach net zero as quickly as possible. It is vital that low carbon heating systems are integral to the specification of the Future Home Standard and heat pumps are anticipated to become the primary heating technology for news homes.
The automotive industry has made significant steps for EV's as it is announced that a battery capable of a full charge in 5 minutes has been produced. EV's are a vital element to tackle the climate crisis and these new lithium-ion batteries will increase the mileage in-between charges, making EV's a more popular choice with consumers.
The pandemic has bought about various unexpected environmental upsides such as reduced emissions and improved air quality, however with COP26 less than a year away we need to focus our attention on how we will decarbonise transport, heat buildings and beyond. Many of these changes will depend on innovations such as heat pumps, flexible energy systems and EV's. Our mission at ESG is to provide innovative technology that empowers global energy leaders to deliver their future promise of energy.
Audi has developed an innovative smart meter that will ease peak loads on the electricity grid. The system establishes communication between EV's, households and the power suppliers that relay critical information regarding energy demand. This demonstrates another technology initiative within the convergence and interdependency of energy and mobility on the journey to low carbon societies.
The state's regulators are proposing to get batteries widely deployed to serve both as emergency backup power in ratepayers' homes and virtual power plants that can feed the grid during peak demand, this will be the first of it's kind in the state. This is an example of the emerging consumer contribution to future energy grid resilience and signals a meaningful commitment to technology and consumers.
The evolution of the energy retail market is a core element of the UK's transition to net zero. Citizen Advice's recognise that the future of the energy market is one that is inclusive by design and should facilitate and encourage innovation. Energy UK, the Association for Decentralised Energy (ADE) and Citizen's Advice have set out in this report how to establish protections in order to deliver benefits to consumers on the journey towards net zero.
The UK will host the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow on 1 - 12 November 21. The COP26 summit will bring parties together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change. A few parties worth mentioning are The Powering Past Coal Alliance (PPCA), the Energy Transition Council and the EV100 who are all working together for our planet.
Ofgem issues its new report into customer perceptions of the UK energy market as at Q3 2020, which is always helpful reading to understand how customers engage in competition and emerging changes such as smart metering.
A collaborative whitepaper involving Nissan, E.ON Drive and Imperial College London explores how the charging capabilities of electric vehicles could contribute to lower emissions and help achieve climate change goals. They have partnered in a commercial V2G projects (e4Future) which aims to demonstrate how electric bans and cars can support the UK grid.
So Energy, a West London based supplier of green energy has bucked the national trend last year and is thriving despite the national lockdown's that plagued the UK throughout 2020. After recently celebrating their fifth birthday they were also ranked the eighth fastest growing private company in the UK according to the Fast Track 100 league table for 2020.
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