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 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 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.
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.
EDF’s Hinkley Point C nuclear project is at greater risk of running 15 months behind schedule and could cost the firm up to £2.9 billion more than previously estimated, the French power giant has confirmed.
The “exceptionally low” results in today’s Contracts for Difference auction are proof that renewables are “blowing the competition of the water”, the green economy has said this morning.