Insight

Power On: Highlights from the Europe Power & Renewables sector (March 2026)

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Power On is a bi-monthly summary of the latest market developments and insights across the Power and Renewables (P&R) sector. This edition focuses on Europe, exploring Wood Mackenzie's research insights and providing links to our more detailed analysis. 1) The UK’s AR7 tender awards 6.2 GW of onshore renewables after securing 8.4 GW of offshore wind. 2) Italian government seeks to reduce power costs by transferring emissions costs from gas generators to consumers. 3) EDF confirms another construction delay at the UK’s Hinkley Point C nuclear plant. 4) Oversubscribed onshore wind and PV tenders award 5.8 GW of contracts in Germany.

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