Nigel Banks 's Avatar

Nigel Banks

@nigelbanksoeg

πŸ™Technical Director, Zero Bills & Low Carbon Homes, Octopus Energy

1,264
Followers
116
Following
29
Posts
30.10.2023
Joined
Posts Following

Latest posts by Nigel Banks @nigelbanksoeg

Preview
Octopus launches global Zero Bills Standard for energy-bill-free living

We officially launched the Zero Bills Global Housing Standard last night at the Zero Bills Awards in London, a great evening with so many pioneering partners!

octopus.energy/press/octopu...

15.05.2025 13:40 πŸ‘ 4 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
Post image

What standards could you build housing projects to in the UK?

Three options set out here by Savills:
1) Future Homes Standard
2) πŸ™ Zero Bills πŸ™
3) Passivhaus Standard

Full report here: pdf.euro.savills.co.uk/uk/residenti...

01.04.2025 18:02 πŸ‘ 5 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Preview
The "Fabric First" Trap: Decades Of Studies Show Electrification Wins Every Time - CleanTechnica Over-insulating buildings through β€œfabric first” wastes money and delays decarbonization; electrification with moderate insulation gets much bigger results.

I thought #FabricFifth was a bit punchy, but to those still holding on to #FabricFirst, have a read of this from Michael Barnard: cleantechnica.com/2025/03/27/t...

01.04.2025 17:54 πŸ‘ 7 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
​​End the fossil fuel age for a secure and prosperous future.​  - Climate Change Committee Today the country’s climate advisors, the Climate Change Committee (CCC), present a new pathway to a decarbonised UK.…

The UK’s Seventh Carbon Budget level should be set at 535 MtCO2e, an 87% reduction against 1990 levels.

This country has a prosperous and secure future ahead.

The fossil fuel age is over – it’s time to electrify the United Kingdom.

www.theccc.org.uk/2025/02/26/e...

26.02.2025 00:03 πŸ‘ 133 πŸ” 69 πŸ’¬ 7 πŸ“Œ 20

An all electric home with heat pump sCOP 2.83 will have lower bills on price cap rates than gas boiler (85%) for OFGEM typical use (10,500kWh gas; 2700kWh elec).

On smart tariffs & with better sCOPs, heat pump savings are really significant! With some market reform, they would be game changing...

25.02.2025 10:05 πŸ‘ 4 πŸ” 1 πŸ’¬ 1 πŸ“Œ 0
Preview
#TopTips: Getting the best from #HeatPumps in new homes Vaillant Controls with Weather Compensation curve set to 0.6 (40C flow at -3C) 1.

Please do add comments with any other #TopTips to avoid any common pitfalls you've seen with heat pumps in new homes...
www.linkedin.com/pulse/toptip...

03.02.2025 14:53 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Preview
Nigel Banks on LinkedIn: 23 years later... we might finally get something approaching Zero Carbon… | 30 comments Zero Carbon Homes - promised by a Labour Government in December 2006, delayed again by another 6 months - the journey wont be finished until the 'end of the… | 30 comments on LinkedIn

This week 18 years ago (Dec 2006), the housing industry welcomed proposals that all new homes will be Zero Carbon.

Yet we are still 2.5 years away from this taking effect... but we can and must go faster (while improving returns).

#FutureHomesStandard #ZeroBills

www.linkedin.com/posts/nigel-...

10.12.2024 18:40 πŸ‘ 5 πŸ” 1 πŸ’¬ 1 πŸ“Œ 0
Post image

Here is how daily global surface temperatures have changed since the 1940s.

Note that global temperatures show a modest seasonal cycle due to a higher proportion of land are in the Northern Hemisphere.

10.12.2024 18:30 πŸ‘ 125 πŸ” 44 πŸ’¬ 3 πŸ“Œ 3
Post image

Here you go:

03.12.2024 15:11 πŸ‘ 5 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0
Our new van with the door slid open, putting the "O" from Octopus in front of the "rgy" of Energy. Oops.

Our new van with the door slid open, putting the "O" from Octopus in front of the "rgy" of Energy. Oops.

Hello Bluesky πŸ‘‹πŸ‘‹πŸ‘‹πŸ‘‹πŸ™πŸ‘‹πŸ‘‹πŸ‘‹πŸ‘‹

A lot of customers have asked us to swim our way over here, so we're dipping our tentacles in.

Give us a follow, we'll be floating around to chat all things green & geeky, make energy fairer, and own up to van printing disasters:

04.12.2024 15:23 πŸ‘ 605 πŸ” 87 πŸ’¬ 114 πŸ“Œ 17

An issue is V2G capability it is only in high end EVs that can afford the extra cost and weight of an on board inverter right now. Otherwise you need an expensive charger, I think it will come over time but an issue is savings aren't huge as overnight charging is so cheap (Β£200 for 10,000miles).

03.12.2024 13:31 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
Octopus Energy on LinkedIn: Free energy bills for new homes! We're partnering withΒ Vistry Group, the… Free energy bills for new homes! We're partnering withΒ Vistry Group, the UK's biggest house builder, to stock new homes with green tech - heat pump, solar…

Great to be announcing our partnership with Vistry Group - we're already working on dozens of #ZeroBills sites across the UK. You can also hear direct from our CEO Greg Jackson at the #FutureHomesConference tomorrow...

www.linkedin.com/posts/octopu...

03.12.2024 13:28 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Post image

Is there an updated version of this amazing chart available anywhere (including 2024)?

03.12.2024 10:33 πŸ‘ 2 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
The carbon benefit of battery energy storage in Great Britain - Research | Modo Energy What are the carbon benefits of battery energy storage? And how much have CO2 emissions been reduced (or avoided) thanks to the actions of batteries?

This: modoenergy.com/research/car...
And p19 of this: www.leti.uk/_files/ugd/2...
But also there is a big regional variance, see: carbonintensity.org.uk

Batteries are more about saving Β£s, than pure CO2.

02.12.2024 12:16 πŸ‘ 1 πŸ” 0 πŸ’¬ 2 πŸ“Œ 0

We need 20GWh of storage by 2030 for clean power - this could be done (partially) with home batteries, could be done in just new homes if we built the volume targeted & they were all Zero Bills homes... New UKNZCABS excludes renewables (but not storage?) from carbon calcs partly for this reason

29.11.2024 14:47 πŸ‘ 0 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
Preview
The (low) embodied carbon of solar PV - Etude There is a myth that solar PV generation doesn't 'payback' the initial embodied carbon that it takes to produce. We don't think this is true.

Not seen any recently. We did some at ilke Homes 2 years ago and the payback was quick. The team at Etude may know? They did some work on PV a while ago and wrote it up here: etude.co.uk/how-we-work/...

29.11.2024 12:41 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
Post image

Key fact: clean energy technologies are vastly more efficient than fossil fuels technologies.

Great visual RMI.

13.11.2024 13:52 πŸ‘ 306 πŸ” 102 πŸ’¬ 11 πŸ“Œ 8
Preview
23 years later... we might finally get something approaching Zero Carbon Homes Source: FT (link below) β€˜By the end of the decade’, we should finally get something approaching the β€˜zero carbon homes’ policy that was promised way back in December 2006! We have already built 2.5 mi...

Zero Carbon Homes - promised back in 2006, delayed by another 6 months - wont be fully delivered until the 'end of the decade'...

... but there are actions organisation can take now which are financially advantageous and deliver Zero Carbon Homes.

www.linkedin.com/pulse/23-yea...

13.11.2024 06:44 πŸ‘ 6 πŸ” 0 πŸ’¬ 0 πŸ“Œ 1
Post image Post image

The per kg and m3 pyramids are pretty useless, you need to look at the functional unit drop downs as below (as the amount you need is vastly different by material). Even then, these pyramids are flawed as sequestered carbon should be separated out - timber is not carbon negative A1-A3...

10.01.2024 18:27 πŸ‘ 3 πŸ” 0 πŸ’¬ 2 πŸ“Œ 0

My in-law's live in Boro so we head to Redcar (and get a Pacitto's) quite often... I took last week off socials so sorry for late reply!

02.01.2024 09:00 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
Post image Post image

I was also at Redcar beach today! The moonrise was stunning at high tide…

26.12.2023 20:43 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
A BloombergNEF chart of solar module prices vs typical commercial solar module efficiency, by year, 2012-2023. The efficiency increases from 15.4% in 2012 to about 21.3% in 2023. The price falls from $1.09 dollars per W (adjusted for inflation, ie 2023 dollars) in 2012 to $0.13 in 2023.

A BloombergNEF chart of solar module prices vs typical commercial solar module efficiency, by year, 2012-2023. The efficiency increases from 15.4% in 2012 to about 21.3% in 2023. The price falls from $1.09 dollars per W (adjusted for inflation, ie 2023 dollars) in 2012 to $0.13 in 2023.

Pretty cool chart from my team at BloombergNEF. In 2012, the standard solar module was multicrystalline silicon, 15.4% efficient and costing $1.09/W in 2023 $. In 2023, standard is mono PERC, efficiency 21.3%, price $0.13/W.

21.12.2023 07:26 πŸ‘ 46 πŸ” 24 πŸ’¬ 0 πŸ“Œ 3
Post image Post image

Fantastic to have a large, 100% #ZeroBills site up and running, with homes available Open Market Sale, Shared Ownership and Affordable Rent!

Kudos to Hill Group and Clarion Group leading the way...

2024 is going to be exciting!

octopus.energy/press/Octopu...

15.12.2023 12:58 πŸ‘ 5 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0

Future Homes Standard Consultation is out... from quick skim (and for those close to it last year) it looks to be similar to contender spec 2, with a choice of with or without solar PV...

www.gov.uk/government/c...

13.12.2023 10:19 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Direct link to event sign up here (just select 'Choose a plan' to sign up for free): meshwork.mesh-energy.com/events/fabri...

11.12.2023 10:56 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Post image

Looking forward to discussing 'Fabric Fifth' (www.linkedin.com/pulse/fabric...) with Simon Roberts on Wednesday lunchtime. Join us if you can, sign up details (it's free) are here: www.mesh-energy.com/meshwork

11.12.2023 10:52 πŸ‘ 2 πŸ” 1 πŸ’¬ 1 πŸ“Œ 0

Also "Skate to where the puck is going"

2030 in UK:
- Grid Carbon ⬇️ - Often going to 0️⃣
- Electricity costs ↕ - Variable & often going to 0️⃣
- HP, EVs & πŸ”‹s - πŸ™ Smart control built in (use the free, clean ⚑️)
- HP, EV, PV & πŸ”‹ costs ⬇️ - On trend
- Insulation costs & upfront carbon? ⏸️ - Remain high?

24.11.2023 13:03 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Looking forward to a day on the #FutureHomesStandard tomorrow at the #FutureHomesHub Conference at the #TheIET.

Who knows... maybe the consultation will finally be launched!

Will be great to talk #ZeroBills with people too...

21.11.2023 07:40 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

"When the facts change, I change my mind. What do you do?"

Since 2015 in UK ~
Energy costs ⬆️ 2x (but smart ⬇️ upto 2x)
Grid Carbon Intensity ⬇️ 2x
Heat Pumps sCOPs ⬆️ 1.5x
Insulation costs ⬆️ 2x
Insulation upfront carbon ⏸️ (largely)
PV & Battery costs ⬇️ 3x
PV upfront carbon ⬇️ 2x

17.11.2023 12:07 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 1

Some of this is covered in the FAQs here: octopus.energy/zero-bill-ac...

Essentially we need the homes to generate more than typical use and use the home battery to optimise. So with a higher fabric spec, you need less solar. Part L21 is enough on many homes. Happy to look at any projects...

09.11.2023 10:13 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0