Contracts for Difference
The Business Secretary said the change in the frequency will boost renewable energy generation
Around £39 million is to be returned in the first quarter of 2022
The funding will support the development of advanced turbine technology that would cut the cost of tidal energy by 30%
Opening with £285 million a year funding, the auction will support 12GW of electricity capacity
Nova Innovation will install its technology in a strait that has reportedly one of the strongest tidal currents in Indonesia
The government will invest £20 million every year in tidal stream electricity
Businesses call on the government to include ring-fenced support in the upcoming CfD scheme
The new legislation could see major Sizewell C project owned by British investors, excluding overseas support, including China
During his speech at the Global Investment Summit, the Prime Minister announced that deals worth £9.7bn have been secured to boost renewable energy technologies
Trade body Regen calls on the government to double the capacity for onshore renewables in the next Contracts for Difference
Pathway to COP26 report
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