Households in Great Britain will have their energy bills capped at ***** British pounds per year from October 2022 onwards, due to the measures introduced by the UK government in September of 2022. This will result in savings of around ***** for the average household, compared with the previous price cap, which was set to increase to ***** per year.

{"Figures and underlying data for the report 'Smart Energy Research Lab: Energy tariffs, energy expenditure, and price elasticity of energy use in GB domestic buildings during the 2022/2023 heating season' which analysed:· how GB household energy tariffs changed in the heating season (defined here as October through to March inclusive) of 2022/2023 compared to the previous year,the effect of these price increases on energy usage in terms of price elasticities,how gas and electricity expenditures were affected,the effectiveness of measures adopted by households to changes their energy use in heating season 2022/2023 to reduce energy expenditure, andthe impact the Government’s Energy Price Guarantee (which set a maximum limit on energy unit costs) had on reducing energy expenditure."}

Daily data showing the System Price of electricity, and rolling seven-day average, in Great Britain. These are official statistics in development. Source: Elexon.

In 2022/23, the government of the United Kingdom spent approximately ** billion British pounds on the energy price guarantee policy, the most out of any other support policy announced to combat the Cost of Living crisis.

Prices in US dollars per barrel of WCS oil and in Canadian dollars per gigajoule of natural gas.

The International Energy Agency (IEA) datasets published by the Energy Statistics Division (ESD) contain annual, quarterly and monthly time series data from 1960 onwards on energy production, trade, stocks, transformation, consumption, prices and taxes as well as on greenhouse gas emissions for the OECD Member countries and non-OECD countries world-wide.

In OECD Member countries the data is collected by official bodies (most often the national statistics office in each country) from firms, government agencies and industry organisations and are then reported to the IEA using questionnaires to ensure international comparability. In non-OECD countries the data is collected directly from government and industry contacts and from national publications.

The International Energy Agency (IEA) Energy Prices and Taxes database contains a major international compilation of energy prices at all market levels: import prices, industry prices and consumer prices. The statistics cover import costs and export prices of main petroleum products, natural gas and coal in Organisation for Economic Co-operation and Development (OECD) countries. End-user prices and taxes for selected petroleum, gas and coal products as well as for electricity are provided for industry, electricity generation and households for OECD countries and a selection of non-OECD countries. Full notes on sources and methods and a description of price mechanisms in each country are included. Time series availability varies with each data series. In general, end-user prices and taxes start in 1978, import costs in 1980 and spot prices in 1982. This database is updated by the IEA in January, April, July and October of each year.

These data were first provided by the UK Data Service in June 2005 and is updated quarterly.

Form for duties drawback and taxes collected by insurance or guarantee for items covered by Energy Regulation No. sixty and its amendments

This dataset was collected by Jeyhun Mikayilov - a research fellow at KAPSARC.

Heterogeneous effects of government targets and electricity prices on electricity intensity.

The residential energy storage battery market is experiencing robust growth, driven by increasing electricity prices, rising concerns about climate change, and the expanding adoption of renewable energy sources like solar power. The market, currently valued at approximately $15 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated market size of $50 billion by 2033. This significant expansion is fueled by several key factors. Government incentives, such as tax credits and rebates, are making residential energy storage systems more affordable for homeowners. Technological advancements, leading to increased energy density, improved lifespan, and reduced costs of lithium-ion batteries, are further driving market adoption. Furthermore, the growing awareness of energy independence and resilience against power outages is compelling homeowners to invest in these systems. The market segmentation reveals that lithium-ion batteries dominate the types segment due to their high energy density and efficiency. In terms of application, the residential sector is the primary driver, fueled by rising electricity costs and the desire for energy self-sufficiency. Major players in the market, including East Penn, LG Chem, Samsung SDI, Panasonic, BYD, Tesla, and others, are actively investing in research and development, expanding production capacities, and launching innovative products to cater to the growing demand. While the market faces challenges such as high initial investment costs and concerns about battery safety and lifecycle management, the long-term prospects for residential energy storage batteries remain exceptionally positive. Geographical growth is expected to be robust across regions, with North America and Europe leading the charge initially, followed by a surge in adoption within the Asia-Pacific region.

Net-Zero Building Performance Contract Market Outlook

According to our latest research, the global Net-Zero Building Performance Contract market size reached USD 18.7 billion in 2024. The market is exhibiting robust expansion, driven by a surging commitment to sustainability and regulatory mandates, and is projected to grow at a CAGR of 12.4% from 2025 to 2033. By the end of 2033, the market is forecasted to attain a value of USD 53.5 billion. This accelerated growth is primarily attributed to increasing investments in green infrastructure, the proliferation of energy efficiency policies, and growing awareness about the environmental and economic benefits of net-zero buildings.

The primary growth driver for the Net-Zero Building Performance Contract market is the global shift towards decarbonization and energy efficiency in the built environment. Governments and private sector organizations are increasingly adopting net-zero building strategies to comply with international climate agreements such as the Paris Accord and to achieve ambitious carbon neutrality targets. The rising cost of energy, coupled with technological advancements in building automation, renewable energy integration, and data-driven performance monitoring, has made net-zero retrofitting and construction more economically viable. Additionally, the availability of innovative financing models, such as performance contracts, enables building owners to implement comprehensive energy upgrades with minimal upfront investment, further catalyzing market growth.

Another significant factor fueling the expansion of the Net-Zero Building Performance Contract market is the evolving regulatory landscape. Stringent government regulations and building codes are mandating higher energy performance standards and carbon emission reductions for both new and existing structures. In regions such as North America and Europe, financial incentives, tax credits, and grant programs are encouraging building owners to pursue net-zero performance. Moreover, the increasing emphasis on corporate social responsibility and environmental, social, and governance (ESG) criteria is prompting corporations and institutions to invest in sustainable building solutions, thereby creating a favorable environment for performance contracting models that guarantee energy savings and emissions reductions.

The growing awareness among end-users regarding the long-term operational cost savings and enhanced asset value associated with net-zero buildings is also driving market demand. Building owners are recognizing that performance contracts not only deliver measurable energy and cost savings but also improve occupant comfort, indoor air quality, and resilience to energy price volatility. The integration of advanced digital tools for real-time monitoring and verification further enhances transparency and accountability, building trust among stakeholders. These factors collectively contribute to the widespread adoption of net-zero performance contracts across diverse building types, including commercial, residential, industrial, and institutional sectors.

Regionally, the Net-Zero Building Performance Contract market is witnessing differentiated growth patterns, with North America and Europe leading in terms of market share and innovation. Asia Pacific, however, is emerging as the fastest-growing region, driven by rapid urbanization, government-led green building initiatives, and increasing foreign investments in sustainable infrastructure. Latin America and the Middle East & Africa are also showing promise, albeit at a slower pace, as they gradually adopt energy performance contracting models to address energy security and sustainability challenges. This regional diversification is expected to foster new opportunities and competitive dynamics in the global market landscape.

Solution Analysis

The solution segment of the Net-Zero Building Performance Contract market is pivotal in shaping the overall industry

IFPC-HEL High Energy Laser Market Outlook

According to our latest research, the Global IFPC-HEL High Energy Laser market size was valued at $1.1 billion in 2024 and is projected to reach $4.8 billion by 2033, expanding at a CAGR of 17.2% during the forecast period of 2024–2033. The primary factor propelling the growth of the IFPC-HEL High Energy Laser market globally is the escalating demand for advanced directed energy solutions in military defense and critical infrastructure protection, driven by evolving security threats and the need for rapid, precise, and cost-effective countermeasures against a diverse range of aerial and missile threats.

Regional Outlook

North America commands the largest share of the IFPC-HEL High Energy Laser market, accounting for over 38% of the global revenue in 2024. This dominance is attributed to the region’s mature defense technology ecosystem, significant government funding, and robust R&D infrastructure. The United States, in particular, has been at the forefront of integrating high energy laser systems into its military platforms, supported by strong collaboration between the Department of Defense and leading defense contractors. Favorable policies, early adoption of next-generation weapon systems, and a proactive approach to modernizing defense capabilities have further cemented North America’s leadership in this market. The presence of established players and ongoing field trials of IFPC-HEL systems across various armed forces ensure a steady pipeline of innovation and deployment, reinforcing the region’s market position.

Asia Pacific emerges as the fastest-growing region in the IFPC-HEL High Energy Laser market, projected to register a remarkable CAGR of 21.5% from 2024 to 2033. This growth is underpinned by increasing defense budgets, heightened geopolitical tensions, and a strategic focus on indigenous capability development across countries such as China, India, Japan, and South Korea. Governments in this region are investing heavily in advanced laser weapon research and procurement to address rising threats from drones, missiles, and asymmetric warfare. The rapid modernization of military infrastructure, coupled with public-private partnerships and technology transfer initiatives, is accelerating adoption. Furthermore, the Asia Pacific region is witnessing a surge in local manufacturing and system integration, which is expected to drive both demand and supply-side growth over the forecast period.

Emerging economies in Latin America and the Middle East & Africa are gradually entering the IFPC-HEL High Energy Laser market, albeit at a slower pace compared to established regions. These markets face unique adoption challenges, including limited defense budgets, technology transfer restrictions, and a lack of specialized workforce. Nevertheless, localized demand for homeland security and critical infrastructure protection is prompting governments to explore cost-effective, scalable directed energy solutions. Policy reforms and international defense collaborations are beginning to open up new opportunities in these regions. However, the market remains nascent, with adoption primarily limited to pilot projects and demonstration programs, suggesting significant growth potential as regulatory and financial barriers are addressed in the coming years.

Report Scope