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  • Power sector could be decarbonised by 2045

    A further expansion of solar and wind power is expected to lead to Europe’s power sector being decarbonised by 2045, according to a new report. The survey of industry leaders by EY found they expect renewables will meet 80% of the energy requirements of Europeans by then. Onshore wind capacity is forecast to triple to 640GW by 2045, accompanied by offshore wind increasing to 470GW and solar posting a seven-fold rise to 950GW. Overall, as much as 63% of the continent’s economy could be decarbon...

    05 02 2019

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    News article - 5 February 2019

  • Offshore wind set for six-fold growth

    Bigger turbines and lower costs are expected to lead to a six-fold increase in offshore wind capacity during the next decade, according to a new report. Energy analysts at Wood Mackenzie think 18 countries will be using offshore wind by 2027, up from just seven in 2017, when the UK and Germany accounted for 68% of the market. Soren Lassen, an Offshore Analyst at Wood Mackenzie and the lead author of the report, said: “The proliferation of demand in new markets globalizes the European supply ch...

    05 02 2019

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    News article - 5 February 2019

  • Power Market Prices - 2018 Review

    2018 was a volatile period for power prices. Head of Renewable Sales, Chris Smith, reviews some of the significant trends and key market drivers. He goes on to consider the current market changes and considerations at play early this year. In the UK last year, we witnessed a sustained period of power price growth across the summer. We also observed plenty of extreme price levels, with Winter 18 baseload power prices peaking close to £75/MWh on 10 September 2018 (£49/MWh: 2017). While Summer 20...

    25 01 2019

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    Blog - 25 January 2019

  • Government urged to fill nuclear gap with renewables

    Onshore wind and solar farms should be allowed to compete for subsidies in order to meet any shortfall from nuclear power in the wake of decisions to suspend plans for new stations, according to the renewables industry. Trade body RenewableUK warned Hitachi’s suspension of plans to build nuclear power stations at Wylfa Newydd on Anglesey and Oldbury in Gloucestershire “risks blowing a hole in the Government’s plans to meet our carbon targets." Deputy Chief Executive Emma Pinchbeck said: “Gover...

    22 01 2019

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    News article - 22 January 2019

  • UK onshore wind investments plummet in 2018

    New onshore wind installations fell by nearly 80% in 2018 to the lowest level since 2011, according to the latest figures. Last year 598MW of new onshore wind was installed, made up of 263 turbines at 54 sites, down from a record 2,666MW installed in 2017. RenewableUK said the downturn in new capacity in 2018 is largely the result of changes in Government policy to block onshore wind from schemes that support renewable energy deployment. In 2015, the Government announced it would close the Re...

    22 01 2019

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    News article - 22 January 2019

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