By News on the Net -- Andrew Montford Deputy Director, Net Zero Watch—— Bio and Archives--April 3, 2023
Global Warming-Energy-Environment | Comments | Back To Full Article
London - Major windfarms are again reneging on their promise to deliver power to the national grid at agreed prices.
A year ago, Net Zero Watch reported that the Moray East windfarm had become fully operational, but had refused to activate its Contracts for Difference (CfDs), under which it had promised to sell cheap power to
the grid. This gaming allowed it to sell at elevated market prices instead, costing consumers hundreds of millions of pounds.
Last week it advised that it will put back the date for activation another 12 months. In addition, the CfD start date for Phase 1 of the Hornsea 2 windfarm, which became fully operational in August last year, has also been pushed back into 2024.
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