Westwood Insight – UK CfD Auction: 7 GW supported, but price drop slows

The UK’s Contracts for Difference (CfD) scheme has played a key role in developing the country’s offshore wind industry – 65% of operational and EPCI capacity is now supported by a CfD. Industry experts were closely following the results of the fourth CfD auction; would the scheme remain as popular as in previous years?

Westwood Insight – Norway State of Exploration 2012-2021

Exploration activity over the last decade has been impacted by two major oil price crashes and a global pandemic, which have resulted in large fluctuations in drilling costs, exploration performance and discovered volumes. Despite the maturity of the Norwegian Continental Shelf (NCS), Norway continues to be a global hotspot for exploration.