Renewables ‘no regrets’ solution to potential power gap but must have CfD support
Renewables are a ‘no regrets’ solution to power gaps left by nuclear if provided support through the Contracts for Difference (CfD) scheme, according to a new report.
Articles tagged with: offshore wind
Offshore wind sector deal establishes 30% power production target
The government intends for offshore wind to provide more than 30% of Britain’s electricity by 2030 as part of a new sector deal for the technology.
Next Contracts for Difference auction confirmed by May 2019 as solar remains locked out
The government has confirmed plans to hold new Contracts for Difference (CfD) auctions for offshore and remote island wind projects, with the first to be held in May 2019.
EDF sells UK wind portfolio stake to pursue more renewables
EDF Renewables has sold a minority stake in a portfolio of 24 of its UK wind farms for £701 million to pursue more renewable development.
Subsidy-free renewables at risk of 'price cannibalisation' argues report
Subsidy-free renewable energy projects are at risk of failing to be viable on the wholesale market owing to ‘price cannibalisation’ during periods of high output, according to a new report by consultancy Cornwall Insight.
Consumers to pay £1.5 billion bill following government CfD cap decisions
Consumers will have to foot a bill of around £1.5 billion over a 15 year period as a result of government changes to the Contracts for Difference mechanism which resulted in higher strike prices in the September 2017 auction.
EDF rebrands its renewables business
Global utility majors continue to optimise for clean power sector as UK Enhanced Frequency Response (EFR) battery project nears completion.
UK celebrates new wind record as European subsidy-free race hots up
A new record for wind generation was set in the UK last weekend against the backdrop of an increasingly competitive subsidy-free race in Europe.
More ambition, more urgency: CCC delivers Clean Growth Strategy verdict
The UK government must issue firmer, more ambitious decarbonisation policies as a “matter of urgency” if it is to meet its fourth and fifth carbon budgets.