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UK Contracts for Difference Renewable Energy Auction Round 7 (AR7)

Sector: Wind • Location: United Kingdom

Source: Recharge News

Project
Planned

The UK government has announced the strike price caps for its upcoming Contracts for Difference renewable energy auction round 7 (AR7). The auction includes raised Administrative Strike Prices for fixed-bottom offshore wind, floating wind, and onshore wind technologies. For the first time, there will be a zonal split in how fixed-bottom offshore wind projects are assessed, separating Scottish proj

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The project “UK Contracts for Difference Renewable Energy Auction Round 7 (AR7)” is an infrastructure initiative in the Wind sector, located in United Kingdom. Taiyo aggregates data on it from Recharge News.

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planned

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Description

Description

The UK government has announced the strike price caps for its upcoming Contracts for Difference renewable energy auction round 7 (AR7). The auction includes raised Administrative Strike Prices for fixed-bottom offshore wind, floating wind, and onshore wind technologies. For the first time, there will be a zonal split in how fixed-bottom offshore wind projects are assessed, separating Scottish projects from others due to transmission charge distortions. Fixed bottom and floating offshore wind will have dedicated pots and separate streams in the auction.

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High

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