Renewables funding announcement "partially addresses industry concerns" - PwC comment

Published at 16:43 PM on 02 October 2014

Commenting on DECC's renewable funding announcement today, Ronan O'Regan, director, energy & renewables, PwC, said

"With todays announcement, the government have partially addressed industry's concern regarding the 2014 Contracts For Difference allocation round budget.

"The £15m increase to the pot for mature technologies will be unlikely to ease concerns from solar and onshore wind developers.  Offshore wind developers can now look forward to a pot which should make two, rather than one project affordable within the increased budget."

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