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Contracts for Difference

Polish solar developer bought by Norwegian state-owned energy company

Buyer Equinor could be in for a pleasant surprise – its assessment Wento boasts a 1 GW solar project pipeline in the nation significantly under-reports the 1.6 GW claimed by private equity fund seller Enterprise Investors.

EU approves Danish contracts-for-difference incentive program

The €400 million, three-year scheme will guarantee price stability for developers while limiting costs to the Danish treasury and applies to on and offshore wind, wave power and hydro, as well as solar.

UK government asks how future renewables incentives should work

The success of unsubsidized clean power facilities in the country – whether driven by corporate power purchase agreements or selling direct to the wholesale electricity market – has prompted the Department for Business, Energy and Industrial Strategy to ponder whether contracts-for-difference payments will be fit for purpose in the years ahead.

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Europe could double ambition of its hydrogen strategy – white paper

Big brands will have to put their money where there mouth is on carbon commitments, though, and the EU will have to put its shoulder to the wheel, particularly in respect of the commonly-heard call to dispense with red tape. The prize could be a call for 280 GW more renewables capacity by 2030.

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UK government leaves door open on more regular renewables auctions

Developers dodged more onerous supply-chain and carbon-footprint commitments in the results of a recent consultation exercise announced by BEIS but appear set to lose all Contracts for Difference top-up payments during periods of negative electricity prices.

Spain and Italy are European renewables investment hot spots, says CEO, and Mexico really should be too

pv magazine spoke to Mark Jones, chief executive of privately-owned clean energy investment company Susgen about where the newly-launched business is looking to spend the cash pile it has allocated for big, early-stage project pipelines.

Romania re-introduces PPAs to attract investors

The Romanian government has decided to re-introduce directly negotiated Power Purchase Agreements (PPAs) to boost investment in its renewables sector, but only projects commissioned after June 1, 2020 will be eligible.

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UK could see 900 MW of solar compete in subsidy round planned next year

Analyst Cornwall Insight said the figure, drawn from its Renewable Pipeline tracker, related only to the proportion of the nation’s 13 GW solar pipeline which had already applied for or secured planning permission.

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UK includes solar in new generation capacity auction

The announcement by the Department for Business, Energy and Industrial Strategy of an auction which will include solar next year appears to back prime minister Boris Johnson’s claims to be serious about the nation’s net-zero carbon ambition.

UK’s Labour announces plans for 22 GW of new solar capacity by 2030

Although PV trails wind and nuclear in terms of its anticipated future footprint, the opposition party’s attempt to outflank left of center rivals on climate change has resulted in one of the world’s most ambitious national roadmaps towards a zero-carbon future.

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