UK Wind Farm Payments and the Case for Zonal Pricing Reform
Nearly half of the world’s electricity will be generated by renewable sources by the end of the decade
According to forecasts, nearly half of the world’s electricity will come from renewable energy by 2030, but this achievement will still fall short of global targets.
Electricity rates need to increase by 70% to fund additional wind farm installations
The UK’s largest energy producer issued an alert following the most recent auction round, which failed to attract any bids for the construction of new farms.
Seaside residents offered cheaper power if they support offshore wind farms.
For some, a serene view of the sea is invaluable, but for others, it may come with a cost.