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Allocation round 3
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Press Releases
Cornwall Insight comments on the Contracts for Difference Allocation Round 3 results
Responding to the Contracts for Difference (CfD) Allocation Round 3 results, James Brabben, Wholesale Manager at Cornwall Insight, said: “Record low clearing prices in CfD Allocation Round 3 indicate the continued and rapid cost reductions for offshore wind resulting from competitive auctions. “Prices below £40/MWh (in 2011-12 money) are extremely...
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Press Releases
Offshore Wind set to dominate the third allocation round of Contracts for Difference
Qualification for the third allocation round (AR3) of Contracts for Differences (CfDs) low-carbon support scheme is due to commence on 29 May. The Department for Business, Energy and Industrial Strategy (BEIS) announced that participants in AR3 would be competing for an annual budget of £60mn, with successful bidders expected to...
