Tag Archives: Department for Energy Security and Net Zero
Andrew Montford: Politicians must drop their ‘Comical Ali’ approach to offshore wind costs
According to officials at the Department for Energy Security and Net Zero (DESNZ), offshore wind power is around half the cost of electricity from gas turbines. But in Parliament recently, David Frost exposed the problem with this claim. If what DESNZ says is true, he observed, it is hard to understand why we still have to subsidise windfarms. And harder still to understand why we have just had to give them a 70 per cent increase in the guaranteed price they receive. It was striking that the energy minister Martin Callanan, responding for the Government, failed to answer the question, merely reiterating the claim that wind is cheaper than gas. His evasion tells a story and highlights the great deception at the heart of the Net Zero policy. For years, governments have told us of a revolution in windfarms costs. Developers may even have believed it themselves, submitting extraordinarily low bids into the renewables auctions. more, >>CLICK TO READ<< 10:18
UK Will Provide Record $1B in Support to Offshore Wind in Next Auction
The UK government is planning to offer a record amount of support in the next round of offshore wind energy auctions scheduled for this year. It comes as the latest effort to kick start the next phase of renewable energy development in the UK after they fell short in 2023 with no bidders in the previous round of auctions. In addition to increasing its support for offshore wind, the government also earmarked £200 million for other forms of renewable energy. This includes a third round for tidal energy projects, as well as support for onshore wind, solar farms, geothermal, and to support the continued development of floating offshore wind farms. more, >>click to read<< 09:54
