Wind farms to pay back £25 to each household through CfD scheme, finds ECIU
Wind farms paying back through the Contracts for Difference (CfD) scheme due to high power prices could now pay back £25 to each household from this October.
Articles tagged with: cfds
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The reality of REMA
Following the Government’s Review of Electricity Market Arrangement consultation opening on 18 July, Stonehaven’s head of energy policy Adam Bell takes a look at the potential solutions available.
ECIU cautions that barriers to onshore wind could cost £10bn by 2035
The Energy and Climate Intelligence Unit (ECIU) has criticised the lack of governmental support for onshore wind, highlighting that by 2035 the shortfall in the rollout of the technology could cost each household £125.
Appeals window opens for CfD’s AR4
The appeals submission window has opened for the fourth allocation round (AR4) of the Contracts for Difference (CfD) scheme.
CfDs set to pay back £10.5bn a year to consumers by 2027
Contracts for Difference (CfD) supported renewables could pay back £10.49 billion a year to customers by 2027.
Civil society groups call for tripling of onshore wind and solar capacity amid energy crisis
A coalition of 38 civil society groups have called on government to support households facing surging energy bills, to scale up measures to reduce gas use and to drive forwards renewable energy.
Fourth Contracts for Difference auction opens with £285m of funding on offer
The fourth round of the Contracts for Difference (CfD) auction has opened, with a target of 12GW of electricity capacity set to gain £285 million of funding.
UK drops a spot in EY’s RECAI as grid constraints pose global transition challenge
Despite a thriving renewables sector, the UK has dropped one place in EY’s 58th Renewable Energy Country Attractiveness Index (RECAI).
Energy white paper: Offshore wind, CCS and modernising data take centre stage
The government’s energy white paper has today been published, detailing its decarbonisation plans across the entire economy.