State’s latest renewables auction ‘likely to fail to meet procurement targets’, experts warn
RESS 5 ‘is our last chance to bring in wind or solar projects before hefty EU fines for missing our goals kick in in 2030’
'Things do need to change after this auction if we want to reach net zero by 2050,' said industry expert Steph Unsworth. Photo: Getty Images
The Government’s upcoming renewable energy auction for solar and onshore wind projects is likely to fail to meet renewable energy procurement targets, according to experts.
The auction – the fifth to take place under the Renewable Electricity Support Scheme (RESS) – is designed to set an energy price for new renewables projects and is the last one that is likely to bring new carbon-free power projects onto the grid ahead of 2030.
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