Octopus Energy, RES to invest in UK green hydrogen economy
Octopus Energy and RES have announced a new partnership under which they plan to invest GBP 3 billion in the construction of green hydrogen plants throughout the United Kingdom by 2030.
Covid-19 weekly round-up: Residential systems in Italy will get a 110% tax rebate and UK consumers are being paid to turn appliances on as coronavirus turns the energy world upside down
Plus, Australia’s Greens want renewables front and center of the post Covid-19 economy and Mexican plant owners are overturning a politically-motivated ban on clean energy, however, Indian developer Acme solar says pandemic delays warrant it reneging on the terms of the record-low solar price agreement it signed.
Octopus adds 300,000 customers and launches community energy JV
Another large scale transaction by the electricity and gas supplier has enhanced its standing in the U.K. energy market, with the business now counting more than one million customers.
UK government may step in to impose minimum price for solar power sold to the grid
The launch of the U.K. Smart Export Guarantee regime today failed to include a price floor – as predicted by trade body the STA – but the government did not rule out future intervention. Commercial customers, however, still have no way of securing payment for their excess power.
