Global PPA deals increase despite Coronavirus

Global PPA deals increase despite Coronavirus

The amount of energy contracted via corporate Power Purchase Agreements (PPAs) has increased in the first seven months of 2020. According to Bloomberg, 8.9GW of new renewable generation has been financed globally via PPAs, compared to 8.6GW for the equivalent period...
Ofgem sets plans to alleviate bad debt issues

Ofgem sets plans to alleviate bad debt issues

Industry regulator Ofgem has set out a range of options that will help to support electricity operators to recover bad debt in network costs. In a typical electricity fixed-price contract, distribution network charges are wrapped into the overall contract pricing...
Renewables generation hits record high in 2019

Renewables generation hits record high in 2019

Renewable generation last year reached a record high of 37.1% according to a recent set of data released by Business, Energy and Industrial Strategy (BEIS). The 2019 figures are the first-time that renewables have generated over one-third of national demand, having...
REGO costs fell significantly last quarter

REGO costs fell significantly last quarter

The value of the green certificates that are used to prove that electricity supply contracts are derived from renewable sources has risen considerably over the last quarter, say energy research company Cornwall Insight. When a unit of renewable energy is generated, a...
Construction begins on UK-Denmark interconnector 

Construction begins on UK-Denmark interconnector 

Work has begun on the UK’s latest interconnector, the Viking Link, which will link Bicker Fen in Lincolnshire to Revsing in Denmark. Set to be completed in 2023, the high voltage cable will be the latest addition to the UK’s electricity import capability, which will...
TfL on track for net-zero railway by 2030

TfL on track for net-zero railway by 2030

Transport for London (TfL) has announced ambitious plans to switch all of their energy procurement to Power Purchase Agreements (PPAs) by 2030. If delivered, the move will be a big leap in achieving Sadiq Khan’s plans for a net-zero railway by 2030. TfL are one of the...

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