- Published: 26 February 2015 26 February 2015
Competitive auctions have led to contracts being offered to 27 UK renewable projects. The auctions have successfully led to over GBP 315 million of new contracts being offered to five renewable technologies.
The contracts being offered include two offshore wind farms, which could deliver over 1.1GW of new capacity, 15 onshore wind projects and 5 solar projects. In total, over 2GW of new capacity could be built. Only the most price competitive projects received contract offers – helping to drive down the cost of renewables support. Contracts have been offered to a range of companies, including small developers and independent generators, including projects in England, Scotland and Wales. The results of the Contracts for Difference first allocation round can be seen on the Department of Environment and Climate Change.