ar5

The strike price for solar PV will increase 30% from £47 per megawatt hour (MWh) to £61/MWh. Image: Matt Austin.

Solar could win up to £185 million in largest ever CfD budget

August 1, 2024
The government announced on 30 July that the budget for the sixth auction round (AR6) of the Contracts for Difference (CfD) scheme will see a £500 million increase, reaching £1.5 billion.
Energy storage can help reduce market risks around imbalance costs. Image: Vattenfall.

Market risk for CfD projects mitigated by energy storage

June 17, 2024
The UK’s growing energy storage fleet can reduce market risk for Contracts for Difference (CfD) projects, a consultant from AFRY said.
Conrad Energy has secured planning permission for a 15.23MW solar farm in collaboration with Leonardo Helicopters. Image: Harmony Energy

Fifth Contracts for Difference round pushes UK solar forward

April 3, 2024
Gareth Simkins examines the winning projects of AR5 and looks ahead to assess how solar is likely to fare in future rounds.
Wind_turbines_green_-_credit_Thomas_Reaubourg_on_Unsplash

UK govt raises CfD funding to £227 million

August 3, 2023
To bolster the UK’s renewable generation capacity, the UK Government has today (3 August) unveiled a £22 million increase in funding for the Contracts for Difference (CfD) scheme, which will include solar.
Image: Getty Images.

Auction Round Five of the CfDs opens for applications

April 3, 2023
The Contracts for Difference (CfD) auction is now open for applications, with a £205 million budget available to support renewable energy projects.

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