renewables

Cost of Energy: What might the Helm review mean for UK clean growth?

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Bright Blue's senior research fellow Sam Hall has been quoted in Business Green, giving his verdict on the recently published Cost of Energy Review from Dieter Helm.  

Here's an excerpt:

"An economy-wide carbon price would effectively internalise the social and environmental costs of carbon emissions, but is a volatile and uncertain price signal for investors, subject to short-term political and economic forces, that would struggle on its own to drive the required investment," said Hall.

Read the full article here.

An offshore wind of change is blowing

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Bright Blue's researcher Eamonn Ives has written for ConservativeHome about the tumbling price of offshore wind in the most recent Contracts for Difference auctions. He discusses how the competitive, market-based process of awarding subsidies has saved consumers an estimated £528 million. 

Here's an excerpt: 

Solar and wind have respectively outshone and breezed past their competitors to become the best-value clean energy technologies for bill payers.

Read the full article.