contracts for difference

The UK could double its offshore wind capacity in this year's Contracts for Difference (CfD) auction round, revealed a new report by RenewableUK.

In this guest blog Mollie McCorkindale, senior analyst at Solar Media Market Research, discusses how the UK onshore wind market is set to boom.

The UK government is seeking to make amendments to the contracts for difference (CfD) scheme in time for allocation round seven (AR7).

The energy regulator Ofgem has opened a review into capacity market rules stating that they still “remain appropriate” ten years on.

Danish energy company Ørsted has taken final investment decision (FID) on Hornsea 3, a 2.9GW offshore wind farm, dubbed the "world's largest".

The government has raised the administrative strike price for offshore wind by 66% for the next Contracts for Difference (CfD) round.

New forecasting conducted by Cornwall Insight has revealed that the UK is likely to miss its 50GW offshore wind by 2030 ambition.

K2 Management's Will Sheard discusses how the disappointing AR5 result for offshore wind should be a learning curve for future CfD rounds.

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.

The Energy and Climate Intelligence Unit (ECIU) has revealed that the treasury red tape could cost UK consumers £1.5 billion a year.