government auction

National Grid's Electricity System Operator (ESO) paid €11,633.79 per megawatt hour (more than 5000% higher than the usual price) to avoid an outage in southeast London last Wednesday.
  • July 30, 2022
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Renewable energy projects across Great Britain can now bid for funding in the 4th round of the Contracts for Difference (CfD) scheme, which is aiming to secure 12GW of electricity capacity - more renewable capacity than the previous 3 rounds combined. The additional offshore wind capacity resulting from the funding alone could generate enough electricity to power around 8 million homes.
  • December 13, 2021
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