Ofgem’s Targeted Charging Review (TCR) could delay subsidy-free renewables by up to five years and scrub 6GW off their pipelines, new research has found.
Ofgem’s Targeted Charging Review (TCR) proposals risk undermining renewables investment and could even result in higher consumer bills, a new study has found.
The UK renewables lobby has doubled down on warnings over planned reforms to network charging, suggesting they damage sectors “vital” to the country’s decarbonisation and push projects to the brink of failure.
Fixed charges are to be applied to all final demand network users irrespective of their ability to reduce their impact on the grid through generation or flexibility under Ofgem’s preferred strategy for its Targeted Charging Review (TCR).
Distribution network operators (DNOs) are facing a combined potential penalty of £13.9 million from regulator Ofgem for under-performing in providing connections to their customers in the latest example of the hardening stance being taken against network operators.
Foresight Solar Fund, one of the UK’s largest owners of utility-scale solar assets, has detailed how changes to the way embedded benefits are calculated will impact its top line.