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CfD

Will the government's record clean power auction put the UK back on track for net zero?

Wind

Will the government's record clean power auction put the UK back on track for net zero?

The government has promised £800m for offshore wind in this year's CfD auction, but industry figures fear the budget is insufficient to meet 2030 renewables targets - and could put climate goals at risk

clock 07 March 2024 • 15 min read
Government confirms £1bn budget for clean power auction, but fears grow over offshore wind target

Wind

Government confirms £1bn budget for clean power auction, but fears grow over offshore wind target

Experts warn next auction round likely to leave the UK badly off track to meet its target of 50GW of new offshore wind capacity by 2030

clock 06 March 2024 • 5 min read
RenewableUK: Record 15GW of offshore wind could be eligible for 2024 CfD auction

Wind

RenewableUK: Record 15GW of offshore wind could be eligible for 2024 CfD auction

Trade body urges government to be 'ambitious' in setting parameters and budget for this summer's clean power contracts auction after last year's round attracted zero offshore wind bids

clock 23 February 2024 • 5 min read
Government preps CfD boost for Britain's ageing onshore wind farms

Wind

Government preps CfD boost for Britain's ageing onshore wind farms

Government sets out suite of proposed reforms to enable onshore wind 'repowering’ projects to bid in clean power contract auctions from 2025

clock 12 January 2024 • 5 min read
'A shrewd decision': Government confirms sharp increase to offshore wind auction price

Wind

'A shrewd decision': Government confirms sharp increase to offshore wind auction price

Government announces it will raise maximum price for new offshore wind farms by 66 per cent, as Ministers attempt to avoid repeat of last summer's failed clean energy auction

clock 16 November 2023 • 8 min read
CfD auction: Solar industry celebrates better than expected performance

Solar

CfD auction: Solar industry celebrates better than expected performance

But industry joins with offshore wind sector in warning that auctions need to ensure all forms of renewable generation can compete

clock 08 September 2023 • 3 min read
'Avoidable yet deeply harmful failure': The green economy reacts to the latest UK clean power auction results

Energy

'Avoidable yet deeply harmful failure': The green economy reacts to the latest UK clean power auction results

BusinessGreen rounds up all the top reaction to the results of the government's latest Contracts for Difference auction which failed to attract any bids from offshore wind developers

clock 08 September 2023 • 17 min read
'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
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