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CfD

'Extremely disappointing': Few, if any, offshore wind bids expected in latest clean power contracts auction

Wind

'Extremely disappointing': Few, if any, offshore wind bids expected in latest clean power contracts auction

Fifth round of the government's Contracts for Difference scheme looks set to have attracted minimal interest from offshore wind developers, as industry continues to wrestle with soaring inflation

clock 07 September 2023 • 6 min read
Industry warns Locational Marginal Pricing plans could add £87bn to net zero transition costs

Energy

Industry warns Locational Marginal Pricing plans could add £87bn to net zero transition costs

Leading renewable energy trade bodies warns 'post code lottery' created by plans to allow for localised energy pricing could badly undermine efforts to meet net zero goals

clock 24 August 2023 • 4 min read
Offshore wind: Report warns 'inflexible' rules risk stifling developers at £1.5bn cost to UK bills

Wind

Offshore wind: Report warns 'inflexible' rules risk stifling developers at £1.5bn cost to UK bills

Concerns continue to mount that next month's Contracts for Difference auction may fail to deliver on UK ambitions for offshore wind capacity

clock 17 August 2023 • 5 min read
The UK remains near the top of the global renewables league table - but can it defend its position?

Energy

The UK remains near the top of the global renewables league table - but can it defend its position?

As countries around the world turn to renewables to cut emissions and enhance energy security, the competition to attract investors is now fiercer than ever, influential EY reports warns

clock 14 June 2023 • 7 min read
Government confirms £205m budget for latest renewables auction

Wind

Government confirms £205m budget for latest renewables auction

Budget announced for first annual contracts for difference auction round, but renewables industry fears smaller funding pot and soaring material costs could hit project pipeline

clock 16 March 2023 • 4 min read
Government confirms new contracts for 'record amount' of renewable energy

Energy

Government confirms new contracts for 'record amount' of renewable energy

As the Prime Minister steps down, the latest round of flagship contract for difference auction secures almost 11GW of clean energy capacity from raft of renewables projects

clock 07 July 2022 • 5 min read
Government aims to boost renewables supply chain with updated Contracts for Difference bidding process

Energy

Government aims to boost renewables supply chain with updated Contracts for Difference bidding process

But BEIS confirms it has not yet made a decision on increasing pass mark on supply chain questionnaire provided by developers seeking funding through clean energy contract scheme

clock 03 May 2022 • 3 min read
Renewable generators to pay back 'reconciliation' as gas crisis sees power prices rocket

Energy

Renewable generators to pay back 'reconciliation' as gas crisis sees power prices rocket

Update confirms Contracts for Difference regime should deliver payments to energy suppliers from renewables generators

clock 17 January 2022 • 2 min read
'Biggest ever': Ministers earmark £265m for next round of clean power auctions

Wind

'Biggest ever': Ministers earmark £265m for next round of clean power auctions

Green energy industry welcomes 'really good' package for Contracts for Difference Round 4 that promises to accelerate roll out of offshore wind, solar, and onshore wind projects

clock 13 September 2021 • 5 min read

Energy

'The start of a decade of delivery': Calls grow for increased scope, frequency and capacity of UK clean energy auctions

Trade group RenewableUK and energy giant SSE urge government to accelerate clean energy deployment as BEIS publishes response to consultation on how to deliver a net zero electricity system

clock 27 July 2021 • 7 min read
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