Heatwave Britain Sets New Solar Record
Avoid ‘moonshot’ green technologiesElsewhere in the renewable sector, the boss of Scottish Power welcomed the UK’s decision to ditch the £1.3bn Swansea Tidal power project and urged other governments to abandon ‘moonshot’ green technologies. Ignacio S Galan, chair of Iberdrola, which controls Scottish Power, said the Swansea decision should be the end of support for expensive, unproven technologies. “Now is not the time for expensive ‘moonshot’ projects that do little to make renewables more affordable, while possessing only limited potential for global growth,” Galan said. “It is time to put a line in the sand. We should accept that some renewable technologies will never get to a level where they can compete with wind and solar.” Galan said that governments should continue to support wind and solar power because these technologies had already proven that they could come down in cost and would continue to do so. Iderdrola is a major player in solar and onshore wind energy generation. A spokesperson for the company behind the Swansea scheme, Tidal Lagoon Power, said tidal lagoons could prove cost competitive. “Having once bemoaned the incumbency of fossil fuels, it’s disappointing that some in the renewables sector have adopted this bad habit,” they said.
Published by Utility Helpline on (modified )
Wholesale Energy Prices Update 26/06/2020
Wholesale Energy Prices Update 19/06/2020
Wholesale Energy Prices Update 12/06/2020
Wholesale Energy Prices Update 29/05/2020
Wholesale Energy Prices Update 22/05/2020