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CfD

Ørsted presses pause on 2.4GW Hornsea 4 offshore wind project 'in its current form'

Wind

Ørsted presses pause on 2.4GW Hornsea 4 offshore wind project 'in its current form'

Major blow to government's clean energy plans, as leading offshore wind developer shelves project over rising cost concerns

clock 07 May 2025 • 5 min read
Contracts for Difference: Government proposes 'bold new reforms' to flagship clean power scheme

Energy

Contracts for Difference: Government proposes 'bold new reforms' to flagship clean power scheme

Government proposes longer CfD contract terms and less stringent offshore wind eligibility criteria in order to boost investor certainty and accelerate the planning process for new clean power projects

clock 21 February 2025 • 5 min read
Government to halve subsidies for Drax biomass power plant with new 'compromise' contract

Biomass

Government to halve subsidies for Drax biomass power plant with new 'compromise' contract

Proposed agreement aims to ensure only sustainable biomass used in Yorkshire power plant, but campaigners decry 'a dirty compromise with past failures'

clock 10 February 2025 • 5 min read
Government confirms CfD boost for UK's ageing onshore wind farms

Wind

Government confirms CfD boost for UK's ageing onshore wind farms

Older wind farms approaching their end of life will be able to bid for contracts to enable 'repowering' projects to extend their lifespan, government confirms

clock 21 October 2024 • 4 min read
'Relatively minimal': UK clean power auction forecast to add £4.60 to typical bill in 2030

Energy

'Relatively minimal': UK clean power auction forecast to add £4.60 to typical bill in 2030

Cornwall Insight assesses likely cost to billpayers of record-breaking 9.6GW of clean power projects awarded Contracts for Difference this week

clock 06 September 2024 • 6 min read
The clean power auction was a success, but it is only a staging post

Policy

The clean power auction was a success, but it is only a staging post

Yesterday's clean power auctions were more competitive than expected, but there is an urgent need for the government to now accelerate the timetable for future auctions

clock 04 September 2024 • 7 min read
Clean energy auctions must be designed to deliver offshore wind targets

Wind

Clean energy auctions must be designed to deliver offshore wind targets

A more ambitious approach to clean energy auction delivery is needed if the UK is to meet its offshore wind targets, writes Energy Transitions Commission's Shane O'Connor

clock 03 September 2024 • 5 min read
'This is good news for consumers': The green economy reacts to record renewables auction

Policy

'This is good news for consumers': The green economy reacts to record renewables auction

Industry groups hail the success of latest renewables auction, but warn much more new capacity will be needed if Labour's clean power goals are to be met

clock 03 September 2024 • 13 min read
'Biggest budget yet': Government announces record £1.5bn for CfD clean energy auction

Energy

'Biggest budget yet': Government announces record £1.5bn for CfD clean energy auction

Clean energy auction budget increased by more than 50 per cent, following 2023 'catastrophe' that saw no new offshore wind projects secured

clock 30 July 2024 • 7 min read
'Perilously exposed': Why the UK economy remains at risk of fossil fuel price shocks

Risk

'Perilously exposed': Why the UK economy remains at risk of fossil fuel price shocks

Inflation may have fallen, but a new report highlights how the UK's high dependency on fossil fuel and food imports leaves it at major risk of climate-related price shocks

clock 30 July 2024 • 7 min read
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