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Energy policy goals frequently depend upon investment in particular technologies, or categories of technology. Whilst the British government has often espoused the virtues of technological neutrality, UK policies now seek to promote nuclear power, coal with CO2 capture and storage, and renewable...
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Offshore wind power is anticipated to make a major contribution to the UK’s renewable energy targets but, contrary to expectations, costs have risen dramatically in recent years. This paper considers the context of these cost increases, and describes a disaggregated levelised cost model used...
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Wind power is widely expected to expand rapidly in Britain over the next decade. Large amounts of variable wind power on the system will increase market risks, with prices more volatile and load factors for conventional thermal plant lower and more uncertain. This extra market risk may...
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