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UK's 3rd CfD auction planned to be launched on May 29

The Race Bank offshore wind farm. Source: ├śrsted (www.orsted.co.uk).

February 15 (Renewables Now) - The UK government has set May 29, 2019 as the prospective start date for the country’s third contract for difference (CfD) auction for renewable energy projects with a proposed cap of 6 GW.

In a notice addressing generators willing to be exempted from their temporary site exclusion and compete in the third allocation round, the Department for Business, Energy and Industrial Strategy (BEIS) said on Thursday that the date would be confirmed in a future update. The final date could be earlier or later than 29 May but will not be before May 1.

The planned CfD3 round will be open to all so-called Pot 2 less-established technologies such as advanced conversion technologies, anaerobic digestion (AD) of over 5 MW, biomass and combined heat and power (CHP), offshore wind, geothermal, remote island wind above 5 MW, tidal and wave power. All projects have to be delivered in 2023-2024 and 2024-2025.

In November, the government allocated a draft budget of GBP 60 million (USD 76.8m/EUR 68m) and announced strike prices for the round. The proposed capacity cap will be subject to state aid approval, expected to be received by the start of the allocation round.

(GBP 1.0 = USD 1.280/EUR 1.135)

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Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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