Commenting on an announcement (July 23) confirming that the next Contract for Difference auctions for less-established renewable technologies will take place in May 2019, and every two years from then on;
Jenny Hogan, Deputy Chief Executive at Scottish Renewables, said: “Today’s confirmation that next year’s auction will take place in May, and the schedule laid out for future rounds, provides much-needed clarity to Scotland’s renewables industry. Developers and supply chain companies across Scotland can now plan for projects over the next decade with more certainty.
“The CfD framework has already helped cut the cost of offshore wind by 50% compared to the previous auction round, and these new auctions will be open to a wide variety of less-established technologies at different stages of maturity.
“To help UK businesses reach their full potential and realise government’s industrial and clean growth ambitions it’s vital that all innovative technologies are able to benefit from this cost reduction pathway and to compete meaningfully in auctions using the regulatory tools BEIS has at its disposal.”
