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contracts for difference

'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
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
'The most successful auction round ever': Government secures record renewables pipeline

Policy

'The most successful auction round ever': Government secures record renewables pipeline

clock 03 September 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
Government announces new onshore wind and solar taskforces 'to drive forward' projects

Solar

Government announces new onshore wind and solar taskforces 'to drive forward' projects

Ed Miliband describes upcoming Contracts for Difference auction as 'critical test' for new government's climate plans in his first Parliamentary statement as Energy Security Secretary

clock 18 July 2024 • 8 min read
'A no brainer': Pressure mounts on government to boost offshore wind auction budget

Wind

'A no brainer': Pressure mounts on government to boost offshore wind auction budget

DESNZ says it will 'carefully consider' whether to increase current £800m CfD budget, as industry warns 2030 clean power targets are at risk

clock 11 July 2024 • 6 min read
'First-of-a-kind': Statkraft inks deal with Luminous Energy to manage power from Norfolk Solar Farm

Solar

'First-of-a-kind': Statkraft inks deal with Luminous Energy to manage power from Norfolk Solar Farm

Power Purchase Agreement will cover new 28.5MW Bracon Ash Solar Farm, which is to provide enough power for 9,500 homes

clock 04 July 2024 • 2 min read
Sustainable Industry Rewards: Government confirms plans to curb offshore wind industry's carbon footprint

Wind

Sustainable Industry Rewards: Government confirms plans to curb offshore wind industry's carbon footprint

New auction scheme to provide payments to offshore wind developers who take steps to boost domestic supply chains and invest in more sustainable factories

clock 14 March 2024 • 3 min read
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
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