Merchants eaten by cannibals: Why a hike in the carbon price is the best way to drive green power

clock • 4 min read

Neil Cornelius of Berkeley Research Group explains why pure merchant investment in low carbon power will not deliver UK decarbonisation

The cost of renewable power has fallen dramatically over recent years. Contract prices set in onshore wind, solar PV and even offshore wind auctions across the world have been dropping ever closer to wholesale...

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