A Look Back at Wholesale Power Prices in the UK: 2020–2023
Understanding wholesale electricity prices can be complex, but energy markets, much like other commodities, are influenced by the principles of supply and demand. When energy supply is constrained, prices naturally rise; conversely, an increase in supply drives prices...
Key Updates to the Contracts for Difference (CfD) for Allocation Round 7
On October 18th 2024, the Department for Energy Security and Net Zero (DESNZ) announced its response to the consultation held in January regarding amendments to the Contracts for Difference (CfD) scheme. These updates will take effect in next year’s auction,...
The UK’s Renewable Future Beyond Coal
Last Monday, the 30th of September 2024, marked a major milestone in the history of the UK. The UK’s last remaining coal-fired power station, Ratcliffe-on-Soar in Nottinghamshire, generated electricity for the final time. This makes the UK the first G7 nation to end...
Negative prices – a shadow over solar CfD revenues?
Negative power prices are making headlines across Europe, but what does this mean for generators that have secured a CfD?
