CfD

  • Low carbon generation

    Merchant renewables still face challenges

    In light of delayed RESS-2 auctions in Ireland, and the prospect of buying constraints in the next CfD auction (for established technologies) leading to many disappointed developers, the question of whether “merchant” project development is viable will soon be occupying the minds of our customers in both Ireland and Great...

  • Low carbon generation

    Turn up the volume: reinventing CfD auctions

    We argue that changes to the CfD regime should be closely examined to address several limitations in the targets, timings and integration of the auctions with the wider energy system and market landscape: The current approach does not ensure that CfD procurement meets the UK’s decarbonisation trajectory;Investors do not have...

  • Low carbon generation

    Wholesale Power Price Cannibalisation

    With the withdrawal of government subsidies for new investment, such as the Feed-in Tariff (FiT) and Renewables Obligation (RO), and the limited spend remaining for the Contract for Difference (CfD) scheme, the value earned from wholesale power is going to become increasingly important for renewables. However, a complicating factor will...