Matt Knight’s views on the risks to offshore wind in the UK of zonal electricity prices were covered in Riviera Media’s Zonal pricing and UK offshore wind article
To CIB or not to CIB: the dilemma for onshore wind developers
The UK Government introduced the Clean Industry Bonus (CIB) scheme for Contract for Difference (CfD) Allocation Round (AR) 7. The scheme offered a carrot and stick to ensure and encourage offshore wind developer investment that met certain criteria linked to local content, skills and environmental impact. The stick was a…