wind

The UK’s offshore wind pipeline is set to reach 100GW in the coming months but has lost out on the top spot for installed capacity to China, according to RenewableUK.

The latest figures from the Energy and Climate Intelligence Unit’s (ECIUs) Winter Power Tracker, show that renewables generated 42TWh of electricity between 1 October 2022 and 10 February 2023, negating the need for 85TWh of gas.

​Power prices reached record highs in 2022, with average day-ahead electricity prices 70% higher than in 2021, according to EnAppSys.

“I suspect there will be a similar scheme to triads implemented next year. The National Grid will look at responses from clients and utilities as to how they should shape and form the next scheme,” said Barry Hurst, head of sales UK and Ireland at the latest Current± Briefings webinar.

Consumers based in Northern Ireland were able to avoid paying a collective total of £500 million thanks to the nation’s wind farms having provided 42% of electricity for the year.

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.

Octopus Energy has signed a power purchase agreement (PPA) with Shell to receive green energy from the “world’s largest offshore wind farm”, it said.

Ofgem has unveiled 26 strategic electricity transmission reinforcements in a bid to unlock wind deployments by 2030.

The UK and US governments have signed a new energy agreement to bolster energy security and accelerate the transition to renewables.

​The UK government is to relax its de facto ban on onshore wind following growing pressure from MPs.