Solar gets little in Government’s new auction system

Most popular and soon-cheapest renewable loses out in scheme which favours big players. ‘Disappointing but predictable’ result requires change to next October auction The Government today announced which technologies and companies have won low carbon energy contracts in the new ‘Contracts for Difference’ auction for renewable energy.  Contracts for Difference are the new support mechanism for nuclear, CCS and renewable energy introduced by the Coalition Government to replace the main support for large-scale renewables, the Renewables Obligation. The auction, held earlier this year, required ‘established’ renewables to compete with each other directly for a share of £50m for the next ...
This post is only available to members.