Circular economy

UK could save £1bn by paying people to change electricity use

| Updated on January 15, 2018 Published on November 04, 2016

Power transmission lines hang from electricity pylons near Drax Power Station, operated by Drax Group Plc, in Selby, U.K., on Tuesday, March 11, 2014. Drax Group Plc, the operator of the U.K.'s biggest coal-fired power station, reported a 23 percent slump in full-year profit as carbon prices rose and it prepared to convert two more units to burn cleaner fuel. Photographer: Chris Ratcliffe/Bloomberg   -  Â© 2014 Bloomberg Finance LP.

Paying customers is cheaper than building new capacity, says study

Shifting power usage patterns could transform UK energy policy. The research, carried out by Open Energi suggests that a total of 3 gigawatts of electricity demand could be moved away from peak times. Read more here

Published on November 04, 2016
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