The UK government has raised the maximum prices it is willing to guarantee developers of wind power projects in a bid to reinvigorate investment in renewable energy and keep its ambitious decarbonization targets on track. The increase, announced on July 23rd, underscores the challenges faced by clean energy developers contending with inflation, rising interest rates, and strained supply chains. New Administrative Strike Prices Under the revised terms for the 2025 round of the Contracts for Difference (CfD) auction scheme — the UK's primary…
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