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Contracts for Difference (CfD) Allocation Round 6 Results

03 September 2024

Proposing MP
Ed Miliband Lab
Doncaster North
Type
Written Ministerial Statement
Department
Department for Energy Security and Net Zero
View on Parliament.uk -->
TAGS
Economy

At a Glance

Issue Summary

The statement discusses the results of the Sixth Contracts for Difference (CfD) auction which has unlocked significant renewable electricity projects.

Action Requested

No specific future action is requested. The statement announces that over 130 renewable electricity projects across Great Britain have secured contracts, representing a substantial increase in capacity and economic growth compared to previous rounds. It highlights record numbers of solar PV projects and the world's largest floating offshore windfarm project.

Key Facts

  • Sixth Contracts for Difference (CfD) auction results have unlocked 9.6GW of renewable electricity projects.
  • Over 130 renewable electricity projects secured contracts, enough to power the equivalent of 11 million homes.
  • A record 93 solar PV projects secured contracts.
  • The world’s largest commercial-scale floating offshore windfarm project at 400MW has been secured.
  • Tidal stream technology has secured six new project contracts (28MW).
  • 4.9GW of capacity has come through for offshore wind in AR6, including Europe's second largest offshore wind project.
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