UK’s biggest-ever renewables auction was held on July 7 and awarded record capacity of almost 11GW of clean energy, nearly double the capacity achieved in the previous round.
The fourth round of the Contracts for Difference (CfD) scheme offered contracts to offshore wind at a record-low price, which was 5.8% lower than the previous auction.
The sources of 11GW of clean energy secured in the auction include offshore wind, solar, onshore wind, and, for the first time ever, floating offshore wind and tidal stream. The total capacity is enough to power around 12 million British homes.
