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Forecasting
-
Low carbon generation
Winds of change: Analysing SEM wind forecast accuracy
Following the publication of the Tomorrow’s Energy Scenarios (TES) 2019, we can expect to see greater penetration of wind generation in the coming 20 years, with installed capacity forecast between 6.0GW to 8.2GW by 2040. As the growth in wind generation continues, forecasting wind accurately will become increasingly important in order to...
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Low carbon generation
New RO buy-out price confirmed amid expectations of mutualisation for a second year
Ofgem has published the Renewables Obligation Certificate (Roc) buy-out price and Mutualisation Ceilings for compliance period (CP) 18 of the scheme. On 21 February it confirmed the buy-out price will be £48.78 per Roc, a 3.3% uplift on the previous year, in line with RPI inflation. This is the amount...
