Renewables developers eye £290m pot as Contracts for Difference auction opens

Michael Holder
clock • 3 min read

Long-delayed second auction opens for offshore wind, biomass, wave, tidal stream, anaerobic digestion, and geothermal projects

Renewable energy developers have begun competing for £290m-worth of government-backed deals after the second Contracts for Difference (CfD) auction launched yesterday. The latest auction is open to...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Ofgem confirms seven per cent cut in energy price cap

Ofgem confirms seven per cent cut in energy price cap

Regulator announces price cap to fall to £1,720 a year for the average household, as experts call for wider reforms to curb energy bills that remain well above pre-crisis levels

James Murray
clock 23 May 2025 • 5 min read
'There is still no plan': Does the UK risk repeating past 'just transition' failures in the North Sea?

'There is still no plan': Does the UK risk repeating past 'just transition' failures in the North Sea?

Scotland's Just Transition Commission calls for urgent action from policymakers and North Sea industries to ensure a smooth and fair transition for oil and gas workers as the switch to net zero technologies accelerates

Michael Holder
clock 23 May 2025 • 7 min read
SSE trims clean energy investment in response to planning and policy delays

SSE trims clean energy investment in response to planning and policy delays

Capital spending plans through to 2027 cut by £3bn due to planning delays and economic factors, but energy giant reiterates commitment to clean energy transition

James Murray
clock 22 May 2025 • 4 min read