UK to launch a series of CdF auctions every second year

The UK government has decided to launch a series of Contract for Difference auctions, starting from May 2019 and appearing at two-year intervals.

Photo: PR Ørsted

The UK government has committed itself to holding Contract for Difference auctions every second year for, intended for well-established renewable energy projects, the UK government writes in a statement

The statement details that the auctions with include both offshore wind projects as well as onshore wind farms on remote islands. The series of auctions will begin May 2019 and be held every second year. The budget will be at GBP 557 million.

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