A new piece of research from the Oxford Institute for Energy Studies is seeking to discover the balance between market efficiency and economic risk for CfDs.
The UK government has announced that the budget for this year’s Contracts for Difference (CfD) Allocation Round 6 (AR6) will be increased by over 50%, sending shockwaves across the energy industry.
The sixth auction round (AR6) for the Contracts for Difference (CfD) scheme will have a budget of £1.5 billion after Ed Miliband announced a £500 million increase.
A new report from energy and climate think tank Ember has warned that the UK’s offshore wind industry is at serious risk of missing 2030 capacity targets if urgent action isn’t taken.
Industry group Marine Energy Council (MEC) announced 13 new Lead Partners to support its ambition to make the UK "the world leader in tidal stream and wave energy."