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DESNZ publishes CfD AR5 results

On Friday 8 September, DESNZ published the results of Allocation Round 5 (AR5) of the Contracts for Difference (CfD) scheme, which commenced on 30 March 2023.

Electricity Pylon

Commissioned CI report outlines electricity market reformation

In a joint release issued on Thursday 24 August, RenewableUK, Solar Energy UK, and Scottish Renewables announced the publication of a Cornwall Insight (CI) report that has found that a different approach in Ofgem’s aims to reform electricity markets could be achieved without risking investment in renewable energy.

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Energy industry urges government to amend CfD scheme

On Tuesday 4 July, RenewableUK, Energy UK and Scottish Renewables published a joint letter to the Secretary of State for Energy Security and Net Zero, Grant Shapps, urging the government to make urgent changes to the Contracts for Difference (CfD) scheme.

Electricity Pylon

REA publishes REMA report

On Wednesday 28 June, the REA (Association for Renewable Energy and Clean Technology) published its Review of Electricity Market Arrangements (REMA) report, Enabling a secure, flexible, and decarbonised electricity market fit for the future.

UK Parliament buildings.

Decarbonisation hindered by lack of overarching delivery plan, says PAC

The Public Accounts Committee (PAC) announced on Wednesday 21 June that it has published a report on Decarbonising the power sector. This highlights that while the government has many separate ongoing power decarbonisation plans, its ambitions for power sector decarbonisation by 2035 are jeopardised by the lack of an overarching delivery plan.