Time to update the CfD
The team looks over the past week of news in the energy industry and gives its views on some big market trends - joined by special guest Jake Tudge corporate affairs director at National Gas
In this episode, we delve into the startling outcome of the UK government's fifth CfD allocation round (AR5), which garnered zero bids for large-scale offshore wind projects, jeopardising the country's 2030 targets for renewable energy. We discuss the industry's concerns and the implications for future auctions.
National Grid's new approach to grid capacity allocation aims to speed up the connection of shovel-ready projects. Taken along with Government promises to relax planning laws for wind farms, is this the impetus that the industry needs?
We also cover significant deals in the sector, including KKR and Infracapital's combined investment in Zenobe, news of DIF Capital Partners exceeding its fundraising target, and Shell securing a large PPA in Germany, extending its reach into the European renewable market.
Also on this episode, we have an exclusive interview with Jake Tudge about what's changed and what has stayed the same since the formation of National Gas, delving into the future of the UK's hydrogen infrastructure.
Tudge is the corporate affairs director at National Gas, responsible for the organisation's external engagement, brand, and reputation. National Gas formed in February 2023 following the majority sale of National Grid Gas Transmission & Metering by National Grid Group to a consortium led by Macquarie Asset Management with the British Columbia Investment Management Corporation.
- Oliver Carr - Lead analyst
- Dila Cebeci - Senior analyst
- Ashkenaz Al - Reporter
Reach out to us at: email@example.com
Find all of our latest news and analysis by subscribing to inspiratia
Listen to all our episodes on Apple Podcasts, Spotify, and other providers.
Music credit: NDA/Show You instrumental/Tribe of Noise