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Renewable Energy News

Informative journal and news about Solar Water Heating Panels, Solar PV Cells, Ground Source Heat Pumps, Wind Turbines and Rainwater Harvesting Systems.

Monday, 28 July 2008

Fossil fuel costs are rising faster than electricity

Following the recent energy price rises it is worth looking at any trends that are developing.

Recent trends show that while electricity prices are increasing, they are rising at a slower rate than fossil fuels such as gas and oil.
We believe that long term there will be many more sources of electricity than fossil fuels. These include wind farms and solar photovoltaics. Therefore we expect this trend to continue.

Gas is no longer a cheap fuel

This means that heat pump technology is set to become more and more popular as it runs on electricity and heat from the sun.
Historically mains gas was a very cheap fuel vs electricity. However gas prices are rising faster than electricity and heat pumps have efficiencies in excess of 400%, gas is no longer a cheap fuel.

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Friday, 25 July 2008

EDF Energy Price Rise

EDF have announced price rises for gas and electricity.

Gas prices will rise by 22% and electricity by 17%. They blame the increase on record wholesale energy prices.

This rise comes after a 12.9% and 7.9% price increase on gas and electricity respectively in January of this year.

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Tuesday, 15 July 2008

Heating Oil Doubles in Price over last 12 months

We all know that fuel prices are rising but sometimes we forget just by how much they have risen.

With regard to heating oil the prices have doubled in 1 year. See graph below.


This graph shows the average price of kerosene 28 over the past 12 months. This dramatic increase paves the way for more fuel efficient alternatives such as solar water heating and ground & air source heat pumps. Please click the links to read how these technologies could reduce your fuel bill.

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Tuesday, 8 July 2008

World's Largest Solar PhotoVoltaic System

The world's largest rooftop solar power station is being built in Spain. The 12 megawatts of power covers an area of around 2 million square feet. The roof space is owned by General Motors but is being leased out to Veolia Envirnoment and Clairvoyant Energy.

The £40 million investment will see an output of more than 15 million kilowatt hours.

This shows that PV is a very viable prospect for commercial investment. Obviously smaller systems are available for domestic and commerical premises. Typical installations range from 1kW to 20kW peak power. Installation costs are typically around £5500 per kW. In a good position each kW of peak power should generate around 800kWh per year.

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