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.
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CfD
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.
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.
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.
Energy UK warns upcoming CfD auction will fall short of meeting targets
On Wednesday 3 May, Energy UK issued a release stating that it expects that the upcoming Contracts for Difference (CfD) auction will fall well short of delivering the expansion of offshore wind needed to hit the UK Government’s 2030 50GW target.
Aldersgate sets out decarbonisation and electrification policy measures
On Wednesday 26 April, the Aldersgate Group published a new report with University College London (UCL) titled A zero-carbon power grid and the electrification of heavy industry: how to deliver on a twin challenge.