The government should set a target of achieving a net zero power system by 2040, SSE has recommended as part of a five-point action plan.
The Contracts for Difference (CfD) scheme should be expanded, the National Infrastructure Commission (NIC) has recommended as one of a number of measures to strengthen confidence in the economy.
The government’s consultation on the Contracts for Difference (CfD) scheme has been extended by an extra week.
The Department of Business, Energy and Industrial Strategy (BEIS) has launched a consultation on the Electricity Supplier Obligation Regulations payments due to the impact of COVID-19.
The upcoming Contracts for Difference (CfD) auction is set to be highly competitive, with over 10GW of capacity likely to compete.
Despite disruption caused by COVID-19, the Contracts for Difference (CfD) auction will go ahead unchanged.
Full CfD proposals include prospective changes to technology pots, negative pricing and energy storage
The formal consultation document on changes to the Contracts for Difference scheme includes a potential revision of technology pots, an extension of the negative pricing rule and a relaxation of energy storage metering requirements.
The government is to announce a new auction for both onshore wind and solar power, following a four year block.
A new report released by Aurora Energy Research states that in order to meet the government's 40GW by 2030 offshore wind goal, almost £50 billion worth of investment will be needed.