contracts for difference

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.

The UK’s growing energy storage fleet can reduce market risk for Contracts for Difference (CfD) projects, a consultant from AFRY said.

Solar Energy UK celebrates a significant milestone as membership reaches new record, highlighting growth in the UK’s renewable energy sector.

Gareth Simkins examines the winning projects of AR5 and looks ahead to assess how solar is likely to fare in future rounds.

The UK government has outlined several amendments to the contracts for difference (CfD) scheme which could impact solar from AR7.

The government has today (16 November) revealed that the administrative strike price for the latest Contracts for Difference round will be £61/MWh.

Following a tumultuous 2022, the Government’s new Energy Security Plan was a hugely welcome ray of sunshine for the solar industry. Solar Energy UK’s senior communications adviser Gareth Simkins reflects on the transformation of attitudes in Downing Street.

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

The UK Government has announced a £205 million budget for the fifth Contracts for Difference (CfD) funding round, which is the first auction to run annually and the second in which solar can participate since 2015.

The solar sector has criticised the introduction of a windfall tax on electricity generators, which it has warned could have a ‘perverse’ impact on the sector.