We have worked with industry leaders
We provide:
Strike price forecasts
Auction strategy
Pipeline assessment
Process guidance
Qualification applications
Non-qualification support
Case Study
Wind2
Client Need
The company was developing its 15MW Moorshield Wind Farm project in East Renfrewshire in Scotland, and for which it was seeking to enter the Contract for Difference (CfD) Allocation Round 7 (AR7). As a result, they were keen to understand the best approach for being competitive in the auction.
Our Solution
We provided focused strategy consideration for CfD participation, including establishment of a bidding strategy for Wind2 alongside forecasts of strike prices for AR7 using our in-house CfD Model. This simulates the auction using the parameters set by DESNZ, our view of the pipeline, and our in-house technology-specific assumptions and forecasts of costs and revenues.
Outcome
The company achieved a successful application outcome in Pot 1 of the relevant allocation round, securing an agreement with a 2028-29 start, thereby enabling the output from the asset to contribute to the Scottish Government’s target for a minimum of 20 GW of onshore wind by 2030.
Our hands-on approach supports customers through the complexity of the CfD auction process across commercial forecasts, regulatory compliance, and market understanding. Our detailed AR7 forecasts were within <5% of the outturn results, providing a high degree of accuracy and confidence for our clients. This is despite the uncertainties within the auction such as investor risk factors, asset cost levels from reform to the Renewables Obligation.
