German solar auction clears 2.1 GW as prices fall to €47.90/MWh

Germany’s July ground-mounted solar auction attracted 3.17 GW of bids for 2.14 GW of available capacity. Successful bids averaged €47.90/MWh, down from €49.40/MWh in the previous round. The result provides a useful European cost benchmark, although Germany’s pay-as-bid premium cannot be compared directly with UK Contracts for Difference. Germany has awarded support to approximately 2.1 […]

UK moots strategic gas reserve as North Sea decline tests market-only model

Ministers are considering commercial support for existing gas infrastructure, a floating LNG terminal and a strategic storage reserve. No intervention has been selected or funded; major new infrastructure could cost billions of pounds over 25… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]

Scotland creates ministerial screen for large data centres, stops short of a freeze

Solar and battery

Councils must notify Scottish ministers within seven days of validating any data centre application exceeding 50 MW. Ministers have recalled one Edinburgh appeal and ordered environmental assessments for projects in Edinburgh and Fife. The intervention creates national oversight but is neither a moratorium nor automatic ministerial determination of every project. The Scottish government has imposed […]

Nvidia puts $105 billion backstop behind Ohio AI campus tied to 9.2 GW of gas

Data centre

OpenAI has signed a 20-year lease for approximately 8 GW of IT capacity at the PORTS-Pike campus. Nvidia’s $105bn commitment is a contingent residual-value guarantee covering the initial 4.25 GW, not an upfront payment for the entire project. The campus illustrates both a possible solution to grid-cost allocation and the risk of AI demand locking […]

UK SMR business case reveals Wylfa construction remains conditional

Nuclear

The Rolls-Royce contract initially funds site-specific design for three reactors; construction requires a separate notice to proceed. Stage Two remains subject to a positive final investment decision and a further approved business case. The £2.6bn… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]