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UK Wind Power Projects under 2025 CfD Auction

Sector: Power Generation (CCGT) • Location: United Kingdom

Source: Crude Oil Prices Today | OilPrice.com

Project
Planned

The UK government has raised the maximum guaranteed strike prices for wind power projects under the 2025 Contracts for Difference (CfD) auction scheme to attract investment and meet its 2030 decarbonization targets. The administrative strike price for offshore wind has been increased to £113/MWh and for onshore wind to £92/MWh. The auction round is expected to be the largest ever, focusing on trip

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The project “UK Wind Power Projects under 2025 CfD Auction” is an infrastructure initiative in the Power Generation (CCGT) sector, located in United Kingdom. Taiyo aggregates data on it from Crude Oil Prices Today | OilPrice.com.

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planned

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Description

Description

The UK government has raised the maximum guaranteed strike prices for wind power projects under the 2025 Contracts for Difference (CfD) auction scheme to attract investment and meet its 2030 decarbonization targets. The administrative strike price for offshore wind has been increased to £113/MWh and for onshore wind to £92/MWh. The auction round is expected to be the largest ever, focusing on tripling offshore wind capacity by 2030. The government also extended CfD contract length from 15 to 20 years to provide longer revenue certainty.

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