RO

  • Regulation and policy

    Race to net zero: Rebuilding investor confidence in the UK

    Increased macroeconomic pressures and rising international competition have left the UK at risk of falling behind in the race to attract investment in the net zero transition. In this paper, we examine these headwinds alongside a discussion of the short and long-term changes to the Contracts for Difference scheme that...

  • Energy storage and flexibility

    Unlocking REMA

    Recent challenges have emphasised the recurring importance of the energy trilemma, namely the need to decarbonise the energy system while ensuring energy security and affordability. The government announced its Review of Electricity Market Arrangements (REMA) in April 2022 to address these issues. In July, the government published a consultation paper...

  • Low carbon generation

    Wholesale Power Price Cannibalisation

    With the withdrawal of government subsidies for new investment, such as the Feed-in Tariff (FiT) and Renewables Obligation (RO), and the limited spend remaining for the Contract for Difference (CfD) scheme, the value earned from wholesale power is going to become increasingly important for renewables. However, a complicating factor will...