Octopus Energy starts the Italian Job with acquisition of energy provider SATO

The renewable energy provider aims to have 1m customers in Italy by 2025

Half of planned solar projects could be abandoned due to hike in prices

Around 50GW of the 90GW of planned projects for 2022 could face cancellation, as shipping and manufacturing costs go through the roof

REA: ‘Energy crisis shows energy must diversify and decarbonise’

It claims the hike in gas prices is key evidence that the UK’s energy system must become less one-dimensional

‘Three times as much investment in renewables than in fossil fuels over last decade’

That is according to a report by Imperial Business School and the IEA, which suggests a better risk/return profile for clean energy over fossil fuels

REA: ‘Energy storage needs cannot be met without market changes’

The REA predicts that the UK will need at least 30GW of long-duration energy storage technologies by 2050, which is currently not possible with the present market and regulations

Demand for UK heat pumps expected to double in 2021

A new survey held by the Heat Pump Association shows demand of 67,000 units for this year

‘Government needs to make decisions on big-ticket items for the future of the energy sector’

That’s the verdict from Kevin Dibble, Divisional CEO of Energy Supply at ENGIE UK & Ireland, following Boris Johnson’s recent speech at the Conservative Party conference

Global market for EV powertrain materials ‘to hit $47bn by 2030’

A new report from IDTechEx suggests traction batteries and motors will see a “meteoric rise” in demand as wide-scale EV adoption ramps up

The New Normal: Can Smart Buildings Create A Safer Workplace?

A thought leadership blog from Mike Hughes, UK & Ireland Zone President at Schneider Electric

‘More than a million new green jobs could be created by 2050’

That’s the suggestion made in a new report put together by Ecuity for the Local Government Association – we spoke to Robert Honeyman, Head of Analysis at the firm, about the findings