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Coutinho: Halting CfD auction may have imperilled renewable pipeline

Halting last autumn’s botched Contracts for Difference (CfD) auction, which saw no offshore wind bids submitted, could have put “at risk” the remaining renewable energy procured by the exercise, energy secretary Claire Coutinho has claimed. Pressed on why the Department for Energy Security and Net Zero (DESNZ) had not heeded warnings from offshore wind developers that the auction strike price was too low, Coutinho told the House of Lords industry and regulators committee that offshore wind had had a “difficult year globally” and in “many other countries, as well as the UK”.

2 years ago

Wind

Latest

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