Feed-in tariffs in the United Kingdom
A feed-in tariff (FIT) is paid by energy suppliers in the United Kingdom if a property or organisation generates their own electricity using technology such as solar panels or wind turbines and feeds any surplus back to the grid. The FIT scheme was imposed on suppliers by the UK government, and applied to…
EDF Energy
EDF Energy is a British integrated energy company, wholly owned by the French state-owned EDF (Électricité de France), with operations spanning electricity generation and the sale of natural gas and electricity to homes and businesses throughout the United Kingdom. It employs 11,717 people, and handles 5.22 million…
Power purchase agreement
A power purchase agreement (PPA), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually a utility, government or company. PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price.
Good Energy
Good Energy Group PLC is a British energy company based in Chippenham, Wiltshire that provides services in the electrification of transport and decentralised renewable energy generation such as domestic solar panels. The company is also an energy retailer, and built a portfolio of wind and solar generation which was…
Inflation Reduction Act
The Inflation Reduction Act of 2022 (IRA), Pub. L. 117–169 (text) (PDF), is a United States federal law which aimed to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting renewable energy.
Ecotricity
Ecotricity is a British energy company based in Stroud, Gloucestershire, specialising in selling green energy to consumers that it primarily generates from its 87.2-megawatt wind power portfolio. It is built on the principle of heavily reinvesting its profit in building more of its own green energy generation.
Limitation of the Vend
The Limitation of the Vend was a historic price fixing cartel of coal mine owners of north east England. Its principal customers were ships' captains who purchased cargoes of coal and aimed to resell them in other parts of England; but above all in London which, by becoming the planet's first large mineral-fuelled…
Axpo Holding
Axpo Holding AG is a Swiss energy company headquartered in Baden, in the Canton of Aargau, and the parent company of the Axpo Group. Established in 2001 through the reorganisation of the former Nordostschweizerische Kraftwerke AG (NOK), it is wholly owned by the cantons of northeastern Switzerland and their cantonal…
Feed-in tariff
A feed-in tariff (FIT, FiT, standard offer contract, advanced renewable tariff, or renewable energy payments) is a policy mechanism designed to accelerate investment in renewable energy technologies by offering long-term contracts to renewable energy producers. This means promising renewable energy producers an…
Renewable energy in the European Union
Renewable energy progress in the European Union (EU) is driven by the European Commission's 2023 revision of the Renewable Energy Directive, which raised the EU's binding renewable energy target for 2030 to at least 42.5%, up from the previous target of 32%. Effective since November 20, 2023, across all EU countries,…