The Department of Energy & Climate Change’s (DECC) Low-Carbon Energy Investment Report was released on the 24 March 2015 by the Secretary of State for Energy and Climate Change, Ed Davey, at the Policy Exchange.
The report reviews the Government’s progress in relation to low carbon energy investment in the electricity market. One of the key points to note is that renewable capacity has increased by over 50% since 2010, which has resulted in renewable energy supplying nearly a fifth of the UK’s electricity.
In addition to the release of the Energy Investment Report, it has been announced that the next CfD auction round is expected to commence on 21 October 2015, and conclude between January and March 2016. Please note that this timeline is subject to confirmation by the next Government.