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contracts for difference
June 10, 2024
Offshore wind a ‘game-changer’ for UK supply chain, says OEUK
An OEUK report says by the end of 2024, the UK will have 18% of the estimated 85 GW of global offshore capacity.
February 23, 2024
UK could double its offshore wind capacity in next Contracts for Difference round
The UK could double its offshore wind capacity in this year's Contracts for Difference (CfD) auction round, revealed a new report by RenewableUK.
January 30, 2024
UK onshore wind market finally set for a resurgence
In this guest blog Mollie McCorkindale, senior analyst at Solar Media Market Research, discusses how the UK onshore wind market is set to boom.
January 15, 2024
UK government outlines key changes for CfD scheme
The UK government is seeking to make amendments to the contracts for difference (CfD) scheme in time for allocation round seven (AR7).
January 9, 2024
Ofgem: Capacity market rules ‘remain appropriate’ ten years on
The energy regulator Ofgem has opened a review into capacity market rules stating that they still “remain appropriate” ten years on.
December 21, 2023
Ørsted takes final investment decision on 2.9GW offshore wind farm
Danish energy company Ørsted has taken final investment decision (FID) on Hornsea 3, a 2.9GW offshore wind farm, dubbed the "world's largest".
November 16, 2023
Government boosts offshore wind’s CfD strike price by 66%
The government has raised the administrative strike price for offshore wind by 66% for the next Contracts for Difference (CfD) round.
October 25, 2023
UK to miss 2030 offshore wind target, says Cornwall Insight
New forecasting conducted by Cornwall Insight has revealed that the UK is likely to miss its 50GW offshore wind by 2030 ambition.
September 14, 2023
Struck out: reassessing the UK’s offshore wind CfD strategy
K2 Management's Will Sheard discusses how the disappointing AR5 result for offshore wind should be a learning curve for future CfD rounds.
September 8, 2023
No offshore wind granted funding as CfD AR5 limps to just 3.7GW capacity
The flagship renewable power auction, known as Contracts for Difference, has published the results of its Auction Round 5 (AR5), revealing that just 3.7GW of projects have been awarded funding.
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