• Low carbon generation

    Editor’s Pick | Talkin’ bout a revolution: What next for the CfD?

    This article was originally published in Energy Spectrum Issue 685 on 7 October 2019. The Contract for Difference (CfD) results for Allocation Round 3 (AR3) once again provided some striking results for the industry to ponder. In this Energy Perspective, we reflect on the success and consider what the results mean for...

  • Low carbon generation

    Scottish government calls for auction system review after CfD AR3 results

    On 20 September, BEIS announced the results of the Contracts for Difference (CfD) Allocation Round 3 (AR3). The auction results cleared at record low prices with 2023-24 delivery year prices at £39.65/MWh and 2024-25 prices at £41.61/MWh. The results drew criticism from the Scottish government despite projects in remote islands...