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A comeback for onshore wind & solar in the UK? (and other news...)
Manage episode 403265158 series 3133698
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This week the UK government announced a consultation into changes to its core mechanism for encouraging utility-scale renewable power deployment. That mechanism is the 'contracts for difference' (CfD) system, with these contracts awarded through competitive auctions. The headline-grabbing proposal is that, having been excluded for several years, onshore wind and solar will both be allowed to bid in future such auctions.
So does that mean a big comeback for new projects, particularly onshore wind (given the UK's excellent resource)? Or are there other barriers to growth which need to be addressed too? And what other details were hidden away amidst that announcement? As usual, we chat through our thoughts on these matters...
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