Published: 07 July 2022 07 July 2022
SSE Renewables has been successful in the UK's fourth Contract for Difference (CfD) Allocation Round
, and has secured a power contract for its wholly-owned Viking Energy Wind Farm (Viking) project, currently being constructed in Shetland.
The 443MW Viking project has secured a CfD for 220MW (50% of its total capacity) at a strike price of £46.39/MWh for the 2026/27 delivery year. The project will receive its guaranteed strike price, set on 2012 prices but annually indexed for CPI inflation, for the contracted low carbon electricity it will generate for a 15-year period.