Latest articles on the energy crisis

FAQ about the VAT liability of the installation of solar panels on a building used by a UK VAT registered charity. with both business and non-business activities.

As the global energy sector faces increasing pressure to reduce carbon emissions and meet the goals of the Paris Agreement, the transition to a future powered by renewable energy has become more crucial than ever. Whilst the rapid build out of renewable energy capacity is key, it is important to ensure that all projects, new and existing, maximise their energy output and integrate effectively into the energy system.

As Chair of the ICAEW Energy & Natural Resources Community advisory group, I’m pleased to share an update on our recent activity and reflections on the challenges and opportunities shaping our sector.

Solar panels have dominated the renewable energy sector for many agricultural clients, often utilising unused roof space to provide clean and lower cost energy. This has been of particular importance in recent years with the large rise in energy costs, especially when farm buildings can be energy intensive. Energy storage can be expensive or not possible, meaning the peak energy generation often doesn’t align with the demands of the farm, such as for running cold stores over winter and spring. Wind turbines could be the solution.

The impact of intermittency in renewable electricity generation should not be a showstopper for businesses looking to generate renewable power for their own use. In this article, Bruce Woodman, Managing Director of Pure Energy Professionals (PEP) asks if renewables are really as intermittent as they are made out and sheds light on the subject to alleviate investment anxiety in businesses looking to take control of their long-term energy costs.