The latest T-1 Capacity Market (CM) auction has cleared at £1.00/kW/y, with just two storage assets winning contracts, prompting renewed questions over the benefits of running such auctions.
In order for Glasgow to become net zero by 2030, over £2.3 billion will need to be invested in its energy networks, electric vehicles (EVs) and heat pumps, according to ScottishPower.
A new report released by Aurora Energy Research states that in order to meet the government's 40GW by 2030 offshore wind goal, almost £50 billion worth of investment will be needed.