- Dec 13, 2021 11:07 am GMT
The biggest ever round of the UK government’s renewable energy support scheme opened on Monday, 13 December, with GBP 200 million a year allocated for fixed-bottom and GBP 24 million for floating offshore wind projects.
The competitive nature of the CfD scheme has been hugely successful in driving the deployment of renewable energy across Great Britain whilst rapidly reducing costs, the government said. The scheme’s design has led to the price per unit of offshore wind to fall by around 65 per cent between the first allocation round (AR) in 2015 and the third in 2019.
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