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The Energy Digitalisation have released their recommendations for creating a digitalised energy system. The Taskforce focused on four main areas, including; bringing value to consumers, accelerating decarbonisation, maintaining a stable, secure and resilient system and optimising whole system investment and operation. Read more here.
The continued growth of the renewable energy industry must be managed with cybersecurity in mind. According to an article by ZD Net, the energy industry is already a high-profile target for hackers. The rapid transition towards renewable energy could create new avenues for cyber criminals to explore. Read more here.
The Crowdflex project has found that domestic flexibility can significantly reduce peak demand - with even further reductions enabled by electric vehicles thanks to V2G use. The project investigated price signalling with enduring and one-off signals - with Time of Use tariffs reducing demand by up to 23% in peak times. You can read the full article from Current+ here.
According to an article written by Automotive World, the number of plug-in hybrid vehicles grew by 90% year on year as of October 2021. It is critical that energy infrastructure grows alongside the swelling number of EV's on the roads. Read more here.
As another year draws to a close, the entire team at ESG would like to wish you a Merry Christmas and a prosperous New Year!
According to a report written by Citizens Advice, changes on how we use energy are going to have to be made in order to get our homes ready for Net Zero. Smart energy products are currently on the market, however not everyone can use them. Citizens Advice have created a list of considerations for both the Government and Regulatory board in order for customers to; feel confident about the contracts they are signing up to, where to go for support and how they can have control over their data. To read more, click here.
California is experiencing growth due to investment in climate solutions and the clean energy transition. New efficiencies in appliance technology and building electrification requirements are helping California to use less energy. With almost three dozen companies manufacturing EVs in the state, they have just reached 1 million EVs sold, making it their largest export. Click here to read more.
According to an article written by Energy storage news, Bloomberg NEF forecast that there will be investment worth US$262 billion by the end of 2020. Making 345GW / 999GWh of new energy storage deployments, with cumulative installations reaching 358GW / 1,028GWh by 2030. Here at ESG, we have members of the team investing in energy storage and heat pumps, including CMO Mark Coyle. To read more about BloombergNEF's Global Energy Storage Outlook report, click here.
Just over a week until we exhibit at Solar & Storage Live. If you are attending make sure you come and visit our team at stand P22.
There is still time to register for free tickets by clicking here.
According to Ofgem's latest customer survey, 16-24 year olds are more likely than the older generation to have low carbon and smart technologies in their home, with 42% of them already having either an Electric Vehicle, Solar PV or heat pump.Read more here.
This week the COP26 Summit will bring world parties together to accelerate change and inspire climate action. Recently, our CEO Matt Hirst had the opportunity to speak to Current+ around how ESG is enabling a smarter energy revolution and how competitive retail energy plays an important role in the path to net zero.
"The Department for Business, Energy and Industrial Strategy’s (BEIS) new Salford site has been officially opened today by Business and Energy Minister, Greg Hands. The new office is expected to become the home of 420 Business Department jobs by 2025, increasing up to 570 by 2030." Click here to read more.
The UK government launched its Net-Zero strategy with support to drive the adoption of heat-pumps and EVs. Households will receive £5000 support from April 2022 to drive the transition from gas boilers towards heatpumps. Click here to find out more about the strategy. Our CMO Mark Coyle recently installed a full heatpump system at home and discusses his early findings at https://esgglobal.com/how-will-customers-experience-the-energy-transition/
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