The UK’s general public is overwhelmingly supportive in building new wind and solar farms in order to tackle the ongoing cost of energy crisis, according to Survation.
ESB Energy and dCarbonX have signed a joint venture agreement aiming to integrate large-scale energy storage projects off the coast of Ireland which could include green hydrogen utilisation.
Wind farms paying back through the Contracts for Difference (CfD) scheme due to high power prices could now pay back £25 to each household from this October.
All of the contracts awarded as part of the most recent round of the Contracts for Difference (CfD) auction have now been signed and returned to Low Carbon Contracts Company (LCCC).
Octopus Energy is looking to lower bills by adding capacity to around a tenth of the UK’s onshore wind turbines through a repowering programme thanks to a new partnership with turbine manufacturer EWT.
Contracts awarded to renewable energy projects last week would save £7 billion on electricity costs under wholesale prices seen in the current crisis, according to analysis from the Energy and Climate Intelligence Unit (ECIU).
Almost 11GW of onshore wind, offshore wind, solar, tidal energy and other forms of renewable energy has secured contracts in what has been the biggest Contracts for Difference (CfD) ever.