contracts for difference

Ed Miliband describes upcoming Contracts for Difference auction as 'critical test' for new government's climate plans in his first Parliamentary statement as Energy Security Secretary

DESNZ says it will 'carefully consider' whether to increase current £800m CfD budget, as industry warns 2030 clean power targets are at risk

Power Purchase Agreement will cover new 28.5MW Bracon Ash Solar Farm, which is to provide enough power for 9,500 homes

New auction scheme to provide payments to offshore wind developers who take steps to boost domestic supply chains and invest in more sustainable factories

The government has promised £800m for offshore wind in this year's CfD auction, but industry figures fear the budget is insufficient to meet 2030 renewables targets - and could put climate goals at risk

Experts warn next auction round likely to leave the UK badly off track to meet its target of 50GW of new offshore wind capacity by 2030

Jeremy Hunt may have made scant mention of the environment, but today's Budget documents included some important green developments

Trade body urges government to be 'ambitious' in setting parameters and budget for this summer's clean power contracts auction after last year's round attracted zero offshore wind bids

Government sets out suite of proposed reforms to enable onshore wind 'repowering’ projects to bid in clean power contract auctions from 2025

NatWest and Boston Consulting Group urges government, business, and investors to cooperate to overcome barriers to mobilising capital spending to transform UK electricity system