In this week’s Chart of the Week we discuss BEIS releasing its Allocation Framework for CfD Round 3 (AR3) on 21 January 2019, which included a new load factor for offshore wind of 58.4%. This compares to 47.7% for AR2 and 37.7% for AR1 in 2017 and 2014 respectively, marking significant anticipated improvements to efficiency and lower levels of intermittency should these load factors be achieved.
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