Renewables ‘beat even cheapest coal competitors on cost’

The average cost of building new solar photovoltaic power is more than a fifth cheaper than the cheapest fossil-fuel competitor, according to a new report

Gas and nuclear lead in UK power capacity auction

Britain has secured 50.41GW of backup electricity capacity for delivery in 2021/22. A total of 74.24GW entered the Capacity Market auction – which pays power plant operators to make backup electricity available at short notice – out of which 67.9% were successful. Gas power plants accounted for the lion’s share of the agreements at 29.6GW, […]