In December the attention of the renewables industry will be focused on the government’s inaugural Contracts for Difference allocation round.
The total administration costs of the Low Carbon Contracts Company (LCCC) and the Electricity Settlements Company (ESC) will add on average 18 pence to household bills in 2015/16, according to estimates set out for consultation by Decc.
Ofgem has set the transfer value for the cable connection to the Thanet windfarm at £163.5 million, compared to the developer’s 2009 estimate of £189.0 million.
Dong Energy has been named preferred partner of the Isle of Man government to develop an offshore wind farm in the Irish Sea.
SSE has reduced its holding in the Beatrice offshore wind farm to 50%. It has disposed of 25% to Copenhagen Infrastructure Partners. Spanish energy major Repsol will maintain its ownership of the remaining 25% of the project.
The 2GW Eggborough power station has been sold to a central European holding company.
If chemicals giant Ineos wins all the shale gas exploration licences it has applied for it will become the UK’s biggest shale gas player, the company has said.
Regulator Ofgem has warned Scottish Power that it must improve its customer service by the end of January or be forced to halt proactive sales.
Wave energy developer Pelamis has gone into administration, saying that the company, whose “sea-snake” has been a high profile technology in the sector, has been unable to secure new funding.