More than 7mn smart meters will be installed in homes across GB under a £1bn mass roll-out programme backed by the European Investment Bank (EIB) and six commercial banks.
The EIB will provide £360mn to the initiative, which will be managed by Calvin Capital. It is the largest project so far to be supported by the European Fund for Strategic Investments (ESFI), which was established earlier this year by the EIB and the European Commission.
Speaking on Thursday 3 December EIB vice president Jonathan Taylor said: “Smart meters make it easier for households and businesses to save energy and this huge roll-out will help to significantly cut carbon emissions.”
Eccentric Energy: Shining a light on solar
With the UK enjoying sunny weather over recent weeks, we thought it’d be a good time to focus on eccentric energy ideas that harness the sun’s power.
11 Jul 2018 | Industry
World Cup fever grips the nation(al grid)
Stay updated on energy market changes over the last 7 days with Haven Power’s market report. Last week World Cup fever gripped the nation(al grid)
10 Jul 2018 | Company
Did you know you could make money from energy?
A growing number of UK businesses are enjoying the benefits of bespoke energy solutions resulting from Accelerator Workshops.
06 Jul 2018 | Company