Clean power contract auction could slash energy bills by £11bn, analysts claim

James Murray
clock • 3 min read
The Gwynt y Mor wind farm / Credit: Kevin Berry - RWE UK
Image:

The Gwynt y Mor wind farm / Credit: Kevin Berry - RWE UK

LCP Delta calculates upcoming Contract for Difference auction promises to reduce wholesale power costs and deliver net savings for households and businesses through to 2050

The UK's next clean power contract auction could deliver over £11bn in savings for consumers through to 2050, according to a new analysis from LCP Delta. The analyst firm this week published new modelling...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

Andy Burnham stresses determination for UK to 'reach net zero by 2050'

Europe's e‑waste is a valuable resource - let's not throw it away

More on Energy

Global Briefing: INEOS opens EU's first 'full-scale' carbon storage site
Energy

Global Briefing: INEOS opens EU's first 'full-scale' carbon storage site

Fully operational carbon storage business opened at port of Esbjerg, Netherlands reveals fossil fuel plan, and Panama Canal to cut maritime traffic due to El Niño

BusinessGreen staff
BusinessGreen staff
clock 18 September 2026 • 10 min read
Clean power contract auction could slash energy bills by £11bn, analysts claim
Energy

Clean power contract auction could slash energy bills by £11bn, analysts claim

LCP Delta calculates upcoming Contract for Difference auction promises to reduce wholesale power costs and deliver net savings for households and businesses through to 2050

James Murray
James Murray
clock 18 September 2026 • 3 min read
Practical planning reform is needed to cut business energy costs
Energy

Practical planning reform is needed to cut business energy costs

Policies that enable faster access to renewable power would materially improve domestic energy security for businesses, as the UK faces a tough economic outlook this winter, writes Gordon Buchan from Pell Frischmann

Gordon Buchan, Pell Frischmann
clock 18 September 2026 • 3 min read