Featured Offshore

From the regulator’s perspective, merchant projects do not provide any price protection for consumers even though their cost base is fixed – renewables projects will make “super profits” during price spikes. But they appear to be “subsidy-free”.

And if they lead to PPA-backed structures, the benefits of the fixed price will go to the buyer – which these days is most likely to be one of the GAFAs (Google, Microsoft, Amazon). Thus relying on PPAs rather than CfDs is akin to indirectly giving subsidies to some of the richest corporates on earth…

Solar Pv On Trackers At The New Nrg Plant In Hinesburg, Vermont

On 30 June 2023, the Energy and Water Regulatory Commission (EWRC) published a Decision regarding the determination of Feed-In Tariffs for electricity produced by renewable energy sources, which updates Feed-In Tariffs to include electricity produced by biomass and determines the premiums for renewable energy producers with an overall installed capacity of 500 kW and exceeding 500 kW for the regulatory period from 1 July 2023 to 30 June 2024.