Insight for Faster Energy Transition Decisions

Illuminating the Potential of Solar Energy in the UK by Tony Griffiths Olsights CEO & Technical Director Introduction  Solar PV is intriguing:  It’s such a simple principle to understand (i.e. we know we can get sunburned in some locations, at some times), but the...

In September 2023, the UK’s Solar Contracts for Difference (CfDs) set strike prices significantly below the market rate, prompting a discussion on their future effectiveness in promoting renewable energy. While these contracts have historically encouraged investment by guaranteeing prices for electricity generated, the recent price gap could potentially deter investors, affecting the solar sector’s growth towards its 2035 target. However, fluctuations in market prices and advancements in solar technology suggest a dynamic future, where CfDs may continue to play a stabilizing role. At Olsights, we provide comprehensive insights and tools to navigate the evolving landscape of solar energy, offering interactive dashboards for in-depth analysis of the techno-economic aspects and project finance of solar developments.

Anglesey is great for solar! Used in the right places, it is a quick way to support a low-carbon future, reduce energy bills and create home-grown permanent high quality local jobs. Olsights explores the options for using the power of the sun on the island in North Wales.

Friday Fun Facts ......there is currently over 680 GW of total planned and operational wind power capacity around the UK and its immediate neighbours? Development Sizes The development sizes of these wind power projects are quite varied. The largest group, with a...