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auctions
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Low carbon generation
Sail away: Offshore wind vs. RESS
Last week the European Commission proposed a “Climate Law” enshrining in legislation the objective of achieving climate neutrality by 2050. In this week’s blog, we consider the role of wind in achieving this goal, and Irelands role in the European Green Deal. As we would expect, the green deal identifies...
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Low carbon generation
CfD proposals turn the tide, but how many boats will rise remains unclear
BEIS announced on 2 March a consultation on wide-ranging changes to the Contract for Difference (CfD) scheme, including the re-integration of Pot 1 technologies. This is a significant change in the direction of renewables policy. Our CEO Gareth Miller, who previously worked on designing and implementing the CfD contract in...
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Low carbon generation
Thunderstruck: participant behaviour and auction outcome
The move to I-SEM was ultimately intended to create a level playing field for all market participants to result in more competition. Nothing drives competition quite like a constrained auction and, for many developers, the Renewable Energy Support Scheme (RESS) Auction in 2019 (hopefully!) and thereafter will be their first...
