It is clear our bills are going to continue to rise for the foreseeable future as cheap gas is forced out in favour of expensive renewables.
Tag: CfDs
December 2023 UK CfD Subsidies
But because of subsidies, wind farms rake in the money whether the wind blows or not; their price is guaranteed. It is dispatchable generators, such as gas and nuclear, which…
Offshore Wind Costs
From NOT A LOT OF PEOPLE KNOW THAT By Paul Homewood https://renews.biz/89521/uk-hikes-offshore-wind-cfd-price-cap-by-66/ Following the news that offshore wind prices will rise to over £100/MWh in the next round of CfDs,…
Solar Power Auction Prices Raised By 30%
£61/MWh works out at about £85/MWh, which gives the lie to repeated claims of just how cheap solar power is.
Orsted Mulling Private Power Deals for Hornsea
Despite Orsted’s protestations, there is an increasing likelihood that they will pull the plug on Hornsea.
UK CfD Subsidies Increasing Again
Most renewable output is still subsidised via Renewable Obligations.
Offshore Windfarms Threaten to Pull Out of Uneconomical Contracts
The wheels are falling off the offshore wind bandwagon:
