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Issue 472 | CfD Auction

Issue 472 | CfD Auction

Tom Edwards Tom Edwards Senior Consultant

DECC: Contracts for DifferenceAuction Results: First Allocation Round 26 February 2015 DECC published the results of the first Contracts for Difference (CfD) allocation round on 26 February. A total of 2.1GW of capacity, across 27 projects, has been offered contracts at clearing prices ranging from £50.00/MWh up to £119.89/MWh (in 2012 money). These contracts are all 15-year agreements. Of the 2.1GW, 0.9GW was in the established technologies pot with the remaining 1.2GW in the less-established pot. The Big Six saw 880MW of capacity successful in the auction, with 1,041MW of capacity from other large and multinational developers offered contracts. Only 228MW of capacity ...

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