UK's CfD round three comes in well below recommended strike price

In:

Power, Renewables

Region:

Europe

By Sean Keating

The winners of the UK’s round three contract for difference (CfD) auction have been announced. All 12 awards are priced in the same ballpark – seven at £39.65/MWh and at £41.611/MWh – and are, in effect, subsidy-free given the £56/MWh 15-year recommended strike...

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