Oct 1, 2026 | Battery Technology, Policy & Regulations, Renewable Energy
For about fifteen years the cost of new solar and wind electricity fell almost every year. In 2025 it rose. BloombergNEF puts its global benchmark for utility solar up 6% and offshore wind up 12% over the year, and Lazard has the levelized cost of US solar up 18%. The...
Sep 9, 2026 | Policy & Regulations, Renewable Energy
A wind farm burns no fuel, so almost everything it will ever cost is spent before it sends out a single kilowatt-hour — and most of that money is borrowed. This is why the cost of capital, not the turbine, sets the price of clean power. For a utility-scale solar...
Sep 7, 2026 | Policy & Regulations, Renewable Energy, Wind
A contract for difference fixes the price a wind or solar farm is paid for its power, and it does it in both directions. When electricity sells below that agreed “strike price”, the generator is topped up to it. When it sells above, the generator pays the...
Aug 31, 2026 | Policy & Regulations, Renewable Energy, Wind
Victoria has opened Australia’s first offshore wind auction, seeking bids for 2 gigawatts of capacity off the Gippsland coast — enough, the government says, to power around 1.5 million homes. Contracts will not be awarded until 2028, and the first turbines are...
Aug 24, 2026 | Policy & Regulations, Renewable Energy, Wind
In 2023 the German state sold four patches of North Sea and Baltic seabed to BP and TotalEnergies for €12.6 billion, and called it proof that offshore wind had outgrown subsidy. In August 2025 the same kind of auction drew zero bids. The zero-subsidy era did not...
