Budgets within budgets
Listen now
Description
In this episode, we dissect the UK's 2024 Spring Budget. With big updates on nuclear progress, auction timelines and a host of new money for different DESNZ programmes, we unpick the implications for the country's future energy sector. With over £1 billion now committed to the process, we examine all of the latest updates regarding the Contracts for Difference auction Allocation Round 6 and discuss why so much is riding on this year's tender results and what it means for the players involved. Meanwhile in the US, NYSERDA confirms a weighted average strike price of $105.15/MWh for offshore wind projects under its latest renewables tariff auction, with significant rebidding activity observed. We make sense of this rapidly evolving picture. Additionally, we touch on the promise of Vehicle-to-Grid technology, exploring its potential to transform EVs from mere energy consumers to vital contributors to grid stability. We delve into the technical choices between AC and DC charging systems and the broader challenges V2G faces, such as battery life and regulatory coordination. Hosted by: Oliver Carr - Lead AnalystMaya Chavvakula - News Editor  Dila Cebeci - Senior AnalystReach out to us at: [email protected] Find all of our latest news and analysis by subscribing to inspiratia Listen to all our episodes on Apple Podcasts, Spotify, and other providers. Music credit: NDA/Show You instrumental/Tribe of Noise ©2024 inspiratia. All rights reserved. This content is protected by copyright. Please respect the author's rights and do not copy or reproduce it without permission.
More Episodes
In this episode, we delve into the latest developments shaping the global energy transition. We discuss updates from Eastern Europe, focusing on Serbia, Romania, and Azerbaijan, and analyse the evolving dynamics of Poland’s renewable market. We also cover updates on hydrogen projects in the...
Published 11/29/24
In this episode, we dive into the latest developments across the energy transition landscape. From wind tenders in Lithuania, France, and Romania to new funding mechanisms for renewable hydrogen across Europe.We highlight the winners from the 2024 Europe Energy Transition Awards, recognising the...
Published 11/22/24
Published 11/22/24