Two lawyers specialising in energy and infrastructure projects from leading global law firms Bird & Bird LLP and Eversheds Sutherland LLP share their views with Clean Energy Pipeline on some of the biggest opportunities and challenges facing the UK’s subsidy-free clean energy market.
The rise of renewables over the past decade is one of the greatest success stories across any global industry. Clean forms of power generation are cheaper than ever and new project developments have become less reliant on any form of financial government support thanks to a forward-thinking industry operating in the face of an often-difficult geopolitical landscape.
Subsidy-free renewable energy is still in the nascent stages though there is a considerable pipeline of projects in Europe that will soon be built without any government support, especially as developers are better able to capture the efficiencies of onshore wind and solar photovoltaic for the merchant electricity market or under long-term power purchase agreements.
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