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Editor: David Keighley
12th March 2015

Despite the range of Government-backed subsidy schemes on offer, the UK seems to be losing its appeal in attracting renewable energy investment. In fact the latest Renewable Energy Country Attractive Index (RECAI) from professional services company Ernst & Young (EY) puts the UK at its lowest ranking for 12 years.

Various reasons are given for this decline: increasing international competition, a pre-election 'policy hiatus' and what is seen as a lack of clarity around the Contracts for Difference (CfD) level - the competitively bid prices at which generators are prepared to sell.

On paper, the UK's CfD regime should deliver the lowest cost of energy to the consumer, says EY's Ben Warren. But he adds: "The challenge is whether renewable energy, having proven itself to be cost-effective, is really given a level playing field and sufficient budget to fulfil its potential."

You'll find more information on this topic here.


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David Keighley

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