RECs, PPAs, and the growing market for green power purchasing

power

While the economics of green power purchases vary greatly depending on the renewable technology involved, location, incentives, and the size of the purchase, it could provide a pathway to rapidly increasing investment in renewable energy. Michael Nelson investigates whether renewable energy certificates (RECs) and power purchase agreements (PPAs) are all they appear to be. With […]

New funding for offshore wind projects to drive maritime decarbonisation

projects

The Offshore Renewable Energy (ORE) Catapult has successfully won funding for five projects as part of the Clean Maritime Demonstration Competition, funded by the Department for Transport and delivered in partnership with Innovate UK. Fifty-five projects successfully secured £23m funding as part of the Competition, announced at an event during London International Shipping Week by […]