New clean energy projects to power 3.6 million homes and create thousands of new jobs

Sep 13, 2017 · bdaily.co.uk

Mtjzm6saww1vdspl9dlxtloyf5flrtf0bkfhuwx1

The government has announced that eleven new energy projects worth up to £176m per year have been successful in the latest competitive auction for renewable technologies.

Contracts for Difference are designed to drive investment in a new generation of clean, secure electricity supplies. This is the second round of Contracts for Difference auctions, with the first held in 2015.

The projects, which are set to generate over 3GW of electricity, will power 3.6 million homes.

The government says it is committed to investing in clean technology and driving economic growth, which has been set out in the Industrial Strategy and upcoming Clean Growth Plan.

The competitive approach is continuing to drive cost reductions in the renewable energy industry. As a result, the cost of new offshore wind projects starting to generate electricity from 2022-23 are now 50% lower than the first auction held in 2015.

Read Complete Article

Looking for a new gig? Only a few days left to grab your FREE ticket to @Jobbio #HIGHER17 on 28 Sept!… https://t.co/g1417erfyG

All private-hire operators in London need to play by the rules. The safety and security of Londoners must come first https://t.co/Ovenhu3iHM

News UK launches #startup accelerator based at @unrulyco offices #LTW https://t.co/jLDc7P9Q2L https://t.co/matfh4vl9Y

Pixelbook leak: Google's new high-end Chromebook expected October 4 https://t.co/FCbTozbSmC https://t.co/u2R40gCiGJ

How IOT network standards can influence security https://t.co/99atlUzclT https://t.co/cxLjzMS5xF

Tech.London Weekly

×