Nice auction, but Ed Miliband is still a long way from his 2030 targets for offshore wind

Ed Miliband has a target of having 60GW of installed offshore wind capacity by 2030.

2024-09-03  570  中等

But Miliband is right about the return of a general feelgood vibe around renewables, which may owe something to his vote of confidence in the contracts-for-difference (CfD) regime as an effective price-discovery mechanism for renewables. The winning bids for offshore wind settled at £54/MWh and £58/MWh (again in 2012 numbers), better than expected.

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