Downward pressure on wholesale prices, regulatory change and subsidy cuts make it more important than ever for generators to maximise the value of their projects
What are Generator Revenue Streams?
Generators typically secure revenue for their projects from three areas - wholesale energy prices, embedded benefits - which are payments made to distributed generators for reducing the need to use the transmission network and subsidies - paid to renewable generators for helping to decarbonise the the UK energy mix.
This week’s headlines: strong investor appetite for renewable projects is highlighted by new figures; changes to the Capacity Market will make it easier for new technologies to bid for contracts; and a new report says flexibility is becoming increasingly important for security of supply.
This week’s headlines: re-opening the door to onshore wind in the UK has helped it move up the league table of the world’s most attractive locations for investing in renewables; a cyber-attack affects Elexon’s internal email system; and Ofgem approves changes to end double charging on storage.