As the applications for the government’s largest-ever Contracts for Difference auction closed, Tim Dixon, Lead Analyst, spoke to Smart Energy International on why developers were considering alternative options.
A more inclusive funding round from the government has also come with high levels of competition, likely to push down bids. Newly reinstated wind and solar is practically certain to have clearing prices lower than the last auction in 2015, whilst it will be interesting to see if previous record low bids for offshore wind will be broken.
Tim Dixon
