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Tag: energy

General election 2019: Labour pledges billions for home energy upgrades

General election 2019: Labour pledges billions for home energy upgrades

Science
Labour is pledging to cut UK carbon emissions by 10% through the largest home improvement programme for decades.A Labour government would fund £60bn of energy-saving upgrades to low-income households over the next decade while wealthier households would receive interest-free loans for enhancements.The party said loft insulation, enhanced double glazing and new heating systems would help cut energy use.The Conservatives said the plan would "wreck the economy" and "put up bills".A spokesperson for the Tories said while tackling climate change was vital, "independent experts and even Labour's own unions say their promises don't stack up".Labour says its policy, called "Warm Homes for All", would create 450,000 jobs involved in the installation of energy-savi
Ovo Energy lines up audacious SSE retail deal

Ovo Energy lines up audacious SSE retail deal

Business
By Mark Kleinman, City editor Ovo Energy, the decade-old gas and electricity supplier, is plotting a move into the ranks of Britain's biggest utilities with a bid to acquire the retail operations of SSE.Sky News can exclusively reveal that Ovo has been in discussions for a number of months with SSE, the FTSE-100 group, about a deal. A transaction is not certain to be struck, but sources close to the situation said this weekend that it could be agreed in outline within weeks.If a deal is completed, it would pave the way for SSE's exit from the challenged UK energy retail market and catapult Ovo into the big league of British power suppliers.Under its pioneering chief executive, Stephen Fitzpatrick, Ovo has already amassed 1.5 million customers, some of ...
New device harvests energy from movement of human knee

New device harvests energy from movement of human knee

Science
July 17 (UPI) -- Scientists in Hong Kong have developed a new wearable energy-harvesting device that uses the movement of the human knee to generate electricity. Researchers suggest their device could be used to power wearable health-monitoring technologies or GPS tracking devices. "Self-powered GPS devices will attract the attention of climbers and mountaineers," study author Wei-Hsin Liao, professor in the department of mechanical and automation engineering at the Chinese University of Hong Kong, said in a news release. The device relies on a unique macrofiber material that produces electricity when it bends. The device utilizes a slider-crank mechanism, similar to the piston-like movement that powers most motors, to convert the rotary motion of the knee into a linear motion. What's kn...