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Daily Bulletin

Issue 3031

Policy

Tom Crisp Editor

Industry hails CfD results and calls for further auctions A broad range of groups have welcomed the results of the second Contracts for Difference (CfD) auction, which showed a significant fall in the cost of offshore wind and other technologies. Responding on Monday 11 September, RenewableUK highlighted that the cost of offshore wind was now cheaper than new nuclear and the levelised cost of new gas generation. RenewableUK’s Chief Executive Hugh McNeal commented “[…] this young, ambitious industry ...

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