RIW

  • Low carbon generation

    Record low clearing prices in Contract for Difference Allocation Round 3

    Record low clearing prices in Contracts for Difference (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 low in the context of previous auctions. Even when converted to 2018 money, these equate to...