UK raises prices for projects in renewable energy auction

The UK Government has increased the maximum prices available for offshore wind projects by 66% in the next Contracts for Difference auction

Britons ‘overpaid £7.2bn on energy bills over two years’

A new report has found that the UK and Italy have paid the highest gas spot prices during the period of energy crisis

Electricity Generator Levy slammed by solar industry

With the new windfall tax, project development risks increase “significantly”, says a solar trade association

Port of Dundee picked as pre-assembly base for giant Scottish offshore wind farm

Turbine blades, towers and nacelles, which house the turbine generators, will be pre-assembled at the port’s renewables hub for the 1.1GW Inch Cape wind farm

EDF: Hinkley Point C nuclear plant delayed and costs to soar by £3bn

Costs have been estimated to range between £25bn and £26bn and the nuclear plant in Somerset is expected to start operating a year later than planned – now in June 2027

UK to hold CfD auctions every year

The Business Secretary said the change in the frequency will boost renewable energy generation

CfD scheme to return money to electricity suppliers for the first time

Around £39 million is to be returned in the first quarter of 2022

EU approves €22.5bn Polish scheme to support offshore wind farms

The aid will be granted in the form of a two-way Contract for Difference premium

CfD scheme set to add 6.8GW of renewable capacity in the UK

The first three months of 2021 saw operational capacity under the CfD scheme rise to 5.6GW

CfD: Government to back 12GW of renewable energy capacity in next auction

It intends to double the capacity of renewable energy and expand the number of technologies supported when the fourth round opens in late 2021