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.
The City of London Corporation signed a £40m solar power purchase agreement on the same day the prime minister outlined a net-zero strategy which failed to even mention solar.
Portugal set a new coal-free record because of the pandemic as Belgium and Israel moved to help the renewables industry. But there was grim news in Mexico and Turkey, and Bangladeshi clean energy firms have appealed for more assistance.
The coronavirus epidemic continues to batter the global economy, including the solar industry, but falling demand during lockdowns has brought negative energy prices as well as helping drive record solar generation, amid less-polluted skies.
The UK Solar Trade Association has laid out its wish list ahead of new chancellor Rishi Sunak’s first budget speech tomorrow, with an exemption of solar from onerous tax valuations top of the agenda. COVID-19 measures, though, are likely to cast everything else into the shade.
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.
An all-party U.K. parliamentary group for renewable and sustainable energy event in London has again confirmed the view the government remains unmoved by calls for support for the solar sector. However, a window of opportunity may be about to open for rooftop PV thanks to proposed legislation for new homes building standards.
Storage has long been expected to be the handmaiden of a renewable energy world and its long awaited advances started to finally emerge in the third quarter as researchers posited R&D achievements ranging from potentially potent tungsten disulfide nanotubes to the business case for 10-year solar panels.
Ofgem passed its long-awaited, controversial plan for network charges last week, despite earlier warnings against the move. The UK electricity market regulator’s Targeted Charging Review has provoked a backlash in the renewables sector, as many believe that the plan will damage the economics of distributed energy resources and unsubsidized onshore wind and solar development.