The Low Carbon Contracts Company (LCCC) has announced that 130 contracts for difference (CfDs) have been signed following the most recent allocation round (AR6).
The Department for Energy Security and Net Zero (DESNZ) has released its response to a major consultation on the future of the Contracts for Difference (CfD) scheme.
RenewableUK, has published a report recommending what it calls “simple, evolutionary” reforms to the current allocation process for the government’s Contracts for Difference (CfD) scheme.
The UK government has announced that the budget for this year’s Contracts for Difference (CfD) Allocation Round 6 (AR6) will be increased by over 50%, sending shockwaves across the energy industry.
The sixth auction round (AR6) for the Contracts for Difference (CfD) scheme will have a budget of £1.5 billion after Ed Miliband announced a £500 million increase.
A new report from energy and climate think tank Ember has warned that the UK’s offshore wind industry is at serious risk of missing 2030 capacity targets if urgent action isn’t taken.