Record low prices in CfD auction: Industry responds

With projects set to be delivered for as low as £39.65/MWh, around 30% lower than the second auction held in 2017, the auction has caused a stir amongst the sector

Paul Wheelhouse: ‘CfD system must be urgently reviewed’

He promised to continue to press the UK Government to commit to a fairer system that offers early stage technologies a better chance of securing investment

Record low price for offshore wind in clean energy auction

Around 6GW of projects have been awarded contracts, with offshore wind projects set to be delivered for as low as £39.65/MWh

Banks Renewables behind CfD legal challenge

It has launched judicial review proceedings against what it says is the government’s discrimination of onshore wind in favour of offshore wind in its CfD auctions

Capacity Market: Government consults on emissions limits

The proposed changes are intended to ensure existing capacity or DSR components that do not comply with the limits cannot receive capacity payments from 2025

SSE calls on government to increase offshore wind cap

This year’s Contract for Difference (CfD) auction includes a capacity cap of 6GW for low carbon power

EU approves new emissions limits in Italian capacity market scheme

The changes will prevent coal plants from taking part in the auction, with the first one scheduled to take place later this year

Offshore wind turbines
UK launches third Contracts for Difference round

The latest auction will support up to 6GW of new renewable energy, enough to power around 350,000 homes each year

Government lowers target capacity for delayed T-1 auction

It has been reduced from 4.6GW to 2.7GW

Ofgem considers closing investigation into power exchange firm EPEX

The company has committed to implementing steps that will avoid distorting competition