Allocation round 3

  • Press Releases

    Cornwall Insight comments on the Contracts for Difference Allocation Round 3 results

    Responding to the Contracts for Difference (CfD) Allocation Round 3 results, James Brabben, Wholesale Manager at Cornwall Insight, said: “Record low clearing prices in CfD Allocation Round 3 indicate the continued and rapid cost reductions for offshore wind resulting from competitive auctions. “Prices below £40/MWh (in 2011-12 money) are extremely...

  • Media Mentions

    Financial Times | UK renewable energy auction prices plunge

    Our thoughts on the Contracts for Difference (CfD) Allocation Round 3 results were quoted in the Financial Times. There was record low clearing prices of the results indicated the continued and rapid cost reductions for offshore wind resulting in competitive auctions. James Brabben Wholesale Manager at Cornwall Insight pointed out...

  • Press Releases

    Offshore Wind set to dominate the third allocation round of Contracts for Difference

    Qualification for the third allocation round (AR3) of Contracts for Differences (CfDs) low-carbon support scheme is due to commence on 29 May. The Department for Business, Energy and Industrial Strategy (BEIS) announced that participants in AR3 would be competing for an annual budget of £60mn, with successful bidders expected to...