Prices of solar and other renewables are decreasing. Consumer popularity is proportionately high. The benefits of Oxygen House’s investments with Low Carbon and other players in the renewable energy market are already being felt: in lower energy bills, greater energy security and fewer stranded in fuel poverty.
Low Carbon’s newest multi-million pound battery storage initiatives will deliver a combined capacity of 50MW, accounting for 25% of the total National Grid EFR contract capacity. With UK-produced energy favoured over external sources, together with less pressure for new UK fossil fuel plants, our energy supply security can only be improved: a key benefit in an era of global political and economic uncertainty.