Moray West Offshore Wind Farm secures £2bn investment

The project is believed to be the first UK offshore wind farm to rely on corporate power purchase agreements for commercialising its output

EDF asks for Force Majeure for Hinkley Point C

The move is expected to push back dates on the current contract to help the company avoid a potential penalty

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

Last CfD solar project goes into operation

A 10MW council-owned solar farm has started producing electricity. The 60-acre site near Triangle Farm in Soham is the second and last solar project funded through the first Contracts for Difference (CfD) auction to go into operation. The first was Charity Farm in Shropshire. The solar farm was one of three projects to go ahead following […]

Supplier wants transparent Contracts for Difference to protect customers

An energy supplier is calling for a transparent Contract for Difference in the new Energy Bill to protect business energy customers. Haven Power which is sponsoring The Energy Live Consultancy Awards’ I&C Consumer Champion category is concerned an opaque mechanism for paying energy generators could lead to higher bills. Antony Badger, head of supplier management at Haven Power said: […]

EMR: the facts

The Department of Energy and Climate Change’s Electricity Market Reform (EMR) will be announced today. It’s seen as the blueprint for moving the UK economy towards a low carbon future. But what exactly is the EMR? When it was first proposed in December, the EMR was made up of: – A carbon price support – […]

Is UK nuclear financeable?

Where the UK sources finance for future nuclear power is far from definite and problems remain in the way of investment. These were the words of KPMG’s Head of Nuclear Advisory, David Simpson, who warned that there were more risks facing investments than many people accept: “The real question is where will the equity come […]