Tidal

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Octopus Energy Group has added £3.4 billion worth of renewable energy projects to its portfolio with the acquisition of sister company Octopus Renewables. From June the large retailer will manage Octopus Renewables’ European portfolio of more than 300 green assets under new business arm Octopus Energy Generation. Chris Hulatt, co-founder of Octopus Group, the parent company of both businesses, said he hoped the move would unlock a “multitude of new investment opportunities”.
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Crown Estate Scotland has raised the maximum option fees for its ScotWind offshore wind leasing round by ten-fold to £100,000/km². The decision follows a review of the arrangements that was launched after the winners in the Crown Estate’s fourth offshore wind leasing round for England and Wales agreed to pay option fees initially worth £879 million per year for almost 8GW of capacity its first competitive bidding process.
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Latest in Tidal

Will the Renewables Obligation rebanding put a spring in the step of green energy investment, ask Arnaud Bouille and Kinga Duerrbaum?
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Wave and tidal projects are crossing the gulf between start-ups and global businesses. Janet Wood and Brendan Coyne look at three projects that could hit the big time soon.
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2012 looks to be the year heat finally makes it on to the decarbonisation agenda, says Roger Milne.
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