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).
Articles tagged with: cfds
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.
Local electricity pricing could save consumers £2.1bn annually
Introducing local electricity pricing could reduce electricity system costs by as much as £2.1 billion a year from 2030 onwards, according to a new report.
Government to release Net Zero Strategy ‘raising ambition’ ahead of COP26
The government has committed to releasing a Net Zero Strategy for the UK ahead of the COP26 summit in 2021.
40GW wind target positive step but £50bn of investment and annual CfD auctions needed
If the UK is to meet its new offshore wind target of 40GW by 2030, further funding and more frequency Contract for Difference (CfD) auctions will be needed.
New CfD projects contributed 18.8TWh of low carbon generation in 2019/20
During 2019/20, 11 Contracts for Difference (CfD) projects became operational, generating enough low carbon electricity to power Wales.
BEIS commits to protect suppliers from 80% of obligation payment increases
The government has committed to protect suppliers from 80% of the increases in obligation payments for the second quarter.
UK's attractiveness continues to grow thanks to the return of CfD auctions
The UK has become more attractive for renewable energy investment over the past six months thanks to the return of the Contracts for Difference auction.
PODCAST: Coronavirus contingencies, BP's net zero plans and the re-expansion of CfDs
In this month’s episode of the Solar Media Podcast, Liam Stoker and Andy Colthorpe discuss how the clean energy economy is responding to the coronavirus, while Andy reports from PV Expo in Tokyo, which itself felt the effects of the virus outbreak. Cutting edge solar tech, CfDs, BP's net zero plans and what Jeff Bezos is doing for the environment also feature.