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Daily Bulletin

Issue 3030

Policy

Tom Crisp Editor

CfD auction clears below expectations The second Contract for Difference (CfD) auction has delivered a strike price of £57.50/MWh (in 2012 prices) for offshore wind projects from 2022-23 – less than half the average price of £117/MWh in the first auction in 2015. Other successful technologies, including Advanced Conversion Technologies and Dedicated Biomass with Combined Heat and Power, also achieved significant savings. Published on Monday 11 September, the results revealed that a total of 3,346MW of generation capacity was awarded a ...

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