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

We’ll SCI how this goes down

Earlier this month, Ofgem launched a new Supplier Cost Index (SCI). This new report replaces the Supply Market Indicator, which suffered from reliability issues. The SCI will track the ongoing trends in the energy supply market, revolving around the main elements that energy suppliers face. This update will be published on a quarterly basis, andRead more

Resetting the energy agenda?

The energy sector faced more uncertainty than most in the election year.  Amber Rudd’s first seven months at DECC have resolved a number, but by no means all, of those uncertainties. Rudd has at least been relatively clear about her intentions in the role.  Following her ‘reset’ speech in November last year, we have aRead more