The record-breaking results of the government’s Contracts for Difference (CfD) sixth auction round (AR6) have been well received across the UK renewable energy industry.
Low carbon energy sources, including renewables and nuclear, generated 54% of Britain’s electricity between 31 October and 18 December, saving British households over £5.7 billion during this period, said RenewableUK.
Equinor is interested in developing a gigawatt scale floating offshore wind farm in the Celtic Sea in a bid to increase its renewable energy generation portfolio.
Energy UK has criticised proposals to impose a revenue cap on low carbon energy generators with it potentially hindering the investment that is needed to safeguard the UK’s energy security and reduce energy bills.
The UK’s net zero transition is set to be determined by homes and businesses adopting low carbon technologies (LCTs) in a bid to reduce energy bills amid the cost-of-living crisis.
Nuclear energy projects have received a £3.3 million funding boost from the UK Government aiming to support the development of an advanced modular reactor (AMR).
A project to develop a green domestic heating solution, led by the University of Exeter, has received £5 million (€5.7 million) of funding from the EU’s INTERREG 2 Seas programme.
Scottish and South Electricity Networks (SSEN) has used ‘Constraint Managed Zones’ (CMZ) to save customers £230,000 and avoid 2,450 tonnes of CO2 emissions on the Isle of Islay.
