Six offshore wind farms, four wind farms on remote islands and two energy-from-waste projects have been awarded Contracts for Difference (CfDs) in the latest allocation round.
The strike prices awarded to offshore wind projects this time are around 30% lower than those awarded in the previous auction, with the new projects being delivered for as little as £39.65/MWh in 2012 prices.
Together, the 12 projects will provide 6GW of power, enough for more than seven million homes, with electricity due to come on stream by 2025.
Hugh McNeal, RenewableUK’s Chief Executive said, “Securing this record amount of new renewable energy capacity in this auction is the biggest single step that the UK has taken towards meeting our net zero emissions target. As these results show, offshore wind is the key technology for this country in tackling the climate emergency. Offshore wind will be the backbone of the UK’s clean, modern energy system and will supply at least a third of our power by 2030.”
Meanwhile, the Crown Estate has launched its fourth round of leases, the first for a decade, with at least 7GW of capacity up for grabs. The auction covers England, Northern Ireland and Wales, with bidding due to open in October and end in Autumn 2020.