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.
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.
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.
The appeals submission window has opened for the fourth allocation round (AR4) of the Contracts for Difference (CfD) scheme.
Contracts for Difference (CfD) supported renewables could pay back £10.49 billion a year to customers by 2027.
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.
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.
Despite a thriving renewables sector, the UK has dropped one place in EY’s 58th Renewable Energy Country Attractiveness Index (RECAI).
The government’s energy white paper has today been published, detailing its decarbonisation plans across the entire economy.