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Posted on 20th December 2017
The world renowned tech giant Google is celebrating its latest achievement of running solely on 100% renewable energy, in both its data centres and offices. The goal of running on 100% renewable energy was set back in 2016 and has been achieved quite quickly thanks to Google investing quite a lot of money into renewable energy over the years.
Posted on 26th October 2017
A Purchase Power Agreement (PPA), or electricity power agreement, is a contract between two parties; a seller generating renewable electricity and the buyer looking to purchase it. A PPA contract is the principal agreement that defines the revenue and credit quality of a generating project. This makes it a key instrument of project finance.
Posted on 28th September 2017
With the scrapping of the Carbon Reduction Commitment (CRC), the Government has decided to offset the loss in revenue to the Exchequer by increasing the rates of CCL with effect from the 1st April 2019. Below is a table that shows the current rates and the promulgated increases for the coming years:
Posted on 29th August 2017
Thanks to a gusty start to the summer, during one lunchtime in June the UK managed to produce more than half its electricity demand across one hour from renewables. This is only the second time that this has happened, with the first occurrence just a couple of months earlier, in April.
Posted on 25th July 2017
During the first two months of 2017, power generation in the U.S. was head-to-head in renewable versus nuclear. Nuclear took the lead in January and February at 20.75%, whilst renewables came in at 20.20%.
