Biggest-ever clean power auction launched

The application window has opened for what is set to be a record-breaking CfD auction for renewable energy.

The seventh CfD allocation round, AR7, is seen as a crucial step in achieving the UK Government’s ambition to reach its clean energy targets.

Changes introduced for the latest round include longer 20-year contracts that provide greater financial certainty for developers and investors.

Last month maximum strike prices for wind energy in AR7 were raised to £113 per MWh for offshore wind – up from up from £102 in 2024 - and for floating wind the cap is £271/MWh, based on 2024 prices. Onshore and remote island wind have been set at £92/MWh in 2024 prices, while solar is £75/MWh, lower than in the previous round.

According to the latest timeline, developers have until 27 August to enter eligible projects ahead of a window to make sealed bids. Successful applicants are expected to be announced between December and February.