The UK’s financial sector can reduce its massive carbon footprint without government support

Last year the British government revealed plans to create a huge pool of funding to align the UK’s financial sector with net-zero targets. It was a massive commitment for a sector that,  according to a WWF report, emits 1.8 times as much carbon as its country’s 2019 domestic emissions. Then Chancellor Rishi Sunak hoped it … Read more

Property Week – why smart energy consumption will keep properties appealing

With reports showing that Britain’s inflation rate has climbed to the highest it has been in 40 years, the UK faces an increasing risk of falling into a recession. As a consequence, landlords and property managers of industrial and commercial buildings face mounting pressure to keep their properties appealing on the market. The ugly truth … Read more

Pinsent Masons unveils Demand Side Response energy reduction for London HQ

Pinsent Masons

Pinsent Masons, the multinational law firm, has introduced an innovative, green technology to its London headquarters to reduce their energy usage and emissions. The firm has signed an agreement with climate tech startup OakTree Power to implement its climate technology solution to its City of London office, making it the first organisation in the UK … Read more

What is non-essential electricity usage?

Why reducing non-essential electricity usage for short periods is the way to go amid both climate change and the cost-of-living crisis “It’s important for people to learn about energy and understand – households and businesses alike – that not all electricity is equal or required all the time, rather than viewing this crisis as a … Read more

Intelligent SME.tech Q&A

Oaktree Power is an ecotech startup enabling commercial buildings to help balance the electricity network during times of grid stress and be paid for their contribution. Our goal is to provide as many businesses as possible with this greener, more affordable system and lead the way towards a fully sustainable electricity system of the future. … Read more

Capacity Market

Leading climate-tech startup OakTree Power has reported a sixfold capacity increase in six months, securing 20.8% market share of the latest Capacity Market T-1 auction. This level of capacity – achieved through the startup’s carbon neutral Demand Side Response (DSR) scheme – has been driven by an oversubscription to the startup’s clean energy programme, which … Read more