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48.9GW of new renewables projects in the scoping stages

48.9GW of new renewables projects in the scoping stages

48.9GW of new renewables projects in the scoping stages: Renewables projects labelled as “scoping” currently represents 50% or 48.9GW of the total viable pipeline capacity*, according to the latest analysis from Cornwall Insight. Of this 48.9GW “scoping” total, 38.6GW is from offshore wind, 5.0GW from battery projects, 3.0GW from onshore wind and 1.5GW from solar…
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Market for new-build renewables doubtful to meet net zero

Market for new-build renewables doubtful to meet net zero: The current market and options available for new-build renewables are inadequate to keep the UK on track to its net zero target. According to National Grid Future Energy Scenario (FES), the UK needs approximately 87-113GW (scenario dependent) of renewables capacity by 2030 and 197-231GW by 2050.…
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Pipeline for renewable energy & storage projects up 86GW

Pipeline for renewable energy & storage projects up 86GW

Pipeline for renewable energy & storage projects up 86GW: The latest figures from Cornwall Insight’s Renewables Pipeline Tracker reveal the pipeline of renewable energy and storage projects across England, Scotland and Wales currently stands at 86GW. The research also shows 40.6GW of sites are classified with a development status of “scoping”. This is where sites…
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50MW Scottish wind farm obtained by BayWa r.e

50MW Scottish wind farm obtained by BayWa r.e: BayWa r.e a global renewable energy developer has obtained a 50MW wind project in Scotland from Blue Energy. The ten-turbine ‘High Constellation’ wind farm is located 20 Kilometres south of Tarbert village and 30 Kilometres north of Campbeltown, is an altitude of around 230 metres. They have…
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Cornwall Insight on T-1 Capacity Market highest price

Cornwall Insight on T-1 Capacity Market highest price: Commenting on the T-1 Capacity Market (CM) auction (Delivery Year 2021-22) clearing in Round 6 with a clearing price of £45/kW, the joint highest ever clearing price of a CM auction, Tim Dixon Wholesale Team Lead at Cornwall Insight, said: “This joint highest clearing price for a…
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Capacity Market

Cornwall Insight on Capacity Market prequalification

Cornwall Insight on Capacity Market prequalification: On 11 December the EMR Delivery Body (National Grid ESO) published the prequalification registers for the T-1 (2021-22) and T-4 (2024-25) Capacity Market (CM) auctions. The headline figure from the prequalification register is 54.0GW of de-rated capacity has prequalified for the T-4 auction against a target of 41.2GW. However,…
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Up to 17GW of renewables eligible for CfD AR4

Up to 17GW of renewables eligible for CfD AR4: Cornwall Insight’s Renewable Pipeline Tracker service has examined the potential capacity that could enter the Contract for Difference (CfD) Allocation Round (AR) 4, with the analysis showing there is currently 17GW* of technologies likely to be eligible to bid. This analysis is based on Cornwall Insight’s…
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Government to support 12GW renewable energy capacity

Government to support 12GW renewable energy capacity: The government has laid out plans for the upcoming round of support for renewable energy projects covered by its flagship Contracts for Difference (CfD) scheme. It looks to double the volume of renewable energy from the 5.8GW accomplished in the previous round to up to 12GW when the…
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London-based bank buys stake in Tauron

London-based bank buys stake in Tauron: A London-based bank has reported a 24% stake in Polish power producer Tauron Polska Energia with a PLN240 million(€55.8m) bond  investment. The energy company creates most of its electricity from coal-fired power plants however has committed to lower its carbon intensity by the closure of the plants and a…
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ScottishPower ‘pioneering world first’ boost via wind farm

ScottishPower ‘pioneering world first’ boost via wind farm: ScottishPower Renewables (SPR) declares to have achieved a “pioneering world-first” following the use of electricity from an onshore wind farm to re-energise a portion of the power grid. The energy company said its outstanding project at Dersalloch wind farm in South Ayrshire confirms that wind power is…
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