The winds of change – How offshore wind is set to dominate the UK’s energy landscape and what this auction means for the future of CfDs

The game has changed Monday’s CfD auction winners’ announcement revealed that two new offshore wind farms, with a capacity of 2336MW between them, would be able to generate energy at a strike price (the price that Government will guarantee to pay) of just £57.50 per MWh. To put this into perspective, DONG Energy’s Hornsea 1Read more

May’s industrial strategy – red flags and green lights

It comes as a surprise to nobody that the UK is facing a productivity crisis. Having already lagged considerably behind other OECD countries before 2008, the gap has only widened in the aftermath of the financial crisis. The government’s industrial strategy, unveiled earlier this week, is the latest attempt to address this. Met with cautiousRead more

The government’s Modern Industrial Strategy

Standing on the threshold of Number 10 in July last year, Mrs May pledged to fight the “burning injustices” plaguing British society, to expand opportunity for all and to allow people to “go as far as your talents will take you”. Today her government published the Modern Industrial Strategy green paper, in a milestone towardsRead more