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renewable capacity
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Low carbon generation
CfD Auction Secures Greatest Amount Of Renewable Capacity To Date
Yesterday, the government released the results of the fourth round of the Contracts for Difference (CfD) scheme, securing almost 11GW of renewable capacity across 93 projects, nearly double the 5.8GW awarded in Allocation Round 3 in 2019. The greatest capacity – at 7.0GW - has been secured from new offshore wind projects,...
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Commercial and market outlook
REFIT extension and avoiding EU fines
The Government is staring into a substantial headwind of between €98mn and €500mn in EU fines for missing 2020 energy targets. The Renewable Energy Support Scheme (RESS), the mechanism that was supposed to add further renewable capacity to the system to avoid those fines, has yet to get out of...
