The Scottish government has approved the development of what will be the world’s largest offshore wind farm, located 38km off Scotland’s east coast.
UK wind farm owners receive millions in payments to shut down turbines.
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.
Octopus Energy buys 10% stake in Dutch offshore wind farm
Octopus Energy has secured a 10% ownership in the Borssele III & IV offshore wind farm located in the Dutch North Sea, with the purchase amount remaining undisclosed.