Scotland has been expanding its renewable energy projects all over the nation including its remote islands as well and hence strengthening its name in the global renewable energy market.
Scotland’s Energy Minister Paul Wheelhouse has called on the UK Government to urgently review the limitations of the Contract for Difference (CFD) auction system, which awards contracts to renewable energy projects across the UK. It follows the awarding of five gigawatts out of a total of six, to two major offshore wind projects in England. Six renewable energy projects in Scotland secured a CfD award, including four remote island wind projects and two offshore wind projects. Although he praised the securing of these six projects he also stated that while some of their island projects have done well, serious questions remain as to whether these will be enough to secure their key objective of transmission links to these islands shortly. He also stated that he will be speaking with Scottish Southern and Electricity Networks (SSEN) and the island stakeholders to discuss the future of energy and to reiterate the Scottish Government’s unstinting support for these outcomes.
The further reduction in the strike price is welcome news for the consumer but will put further pressure on the Scottish supply chain to compete in a global market. With all these factors raking in the Scottish renewable future is set to see new dawn the question is what impact is it going to have on the global markets. Scotland is not far behind in the renewable market domination race now.