Guardian ‘Carnegie Wave Energy in Cornwall announced that it had secured £9.6m of EU funding that would enable it to connect England’s first commercial-scale wave power project to the grid. A 15MW array at Cornwall’s wave hub centre should now be commissioned in 2018, before commercial deployment in 2021. The local MP and environment minister George Eustice, who campaigned for Brexit, said that the news showed that Cornwall was “well positioned to play a significant role in securing the UK’s continued reputation as a market leader in offshore renewables.”

Government sets out plans to upgrade UK energy infrastructure and increase clean energy investment

Department for Business, Energy & Industrial Strategy   DBEIS First £290m of Contracts for Difference funding for renewable electricity; consultation on proposals to end unabated coal power generation by 2025. The Government has today reaffirmed its commitment to spend £730m of annual support on renewable electricity projects over this parliament, and set out further details for the next Contracts for Difference auction where companies will compete for the first £290m worth of contracts for renewable electricity projects.

The second Contracts for Difference auction will result in enough renewable electricity to power around one million homes and reduce carbon emissions by around 2.5 million tonnes per year from 2021/22 onwards. It will also allow developers of innovative renewable technologies to deliver the best deal for bill payers. For example, the maximum price for offshore wind projects is now 25% lower than was set for the last auction, and a competitive auction could bring that price down further. The Government has also today set out proposals for the next steps to phase out electricity generation from unabated coal-fired power stations within the next decade. This long-term plan will provide confidence to investors that the UK is open to investors in new, cleaner energy capacity as we transition from coal to gas, and build a diverse energy system giving us greater security of supply, which includes record investments in renewable technology and the reliable electricity that new nuclear power investment will provide. Click here to read more