Latest Issue
 
Windtech International September October 2024 issue

 

FOLLOW US AT

follow

 

follow


The UK Government has announced financial backing for its first annual flagship renewables auction. The UK government is offering £205 million in its latest renewables auction.
 
The Contracts for Difference (CfD) scheme is the government’s mechanism for supporting new British low-carbon electricity generation projects and the government is now offering £205 million for the fifth CfD allocation round (AR5). This includes £170 million for established technologies such as offshore wind, and £10 million ring-fenced budget available for tidal stream technologies.
 
The UK government continues to support the deployment of renewable power right across Britain, with the scheme so far having awarded contracts to 52 projects in Scotland, which represents around 30% of all CfD projects and around 25% of total CfD capacity.  In Wales, the scheme has so far awarded contracts to 9 projects, totalling around 260MW of capacity.
 
Use of cookies

Windtech International wants to make your visit to our website as pleasant as possible. That is why we place cookies on your computer that remember your preferences. With anonymous information about your site use you also help us to improve the website. Of course we will ask for your permission first. Click Accept to use all functions of the Windtech International website.