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United Kingdom : UK awards contracts for 4.5GW
Publish Date : 28-Apr-2014
The UK government awarded early-stage Contracts for Difference to eight renewable energy projects totalling 4.5GW.
Five offshore wind farms have made the cut in DECC's final FID enabling process, including SSE and Repsol's 664MW Beatrice project off northern Scotland which previously missed out on the so-called "affordability shortlist".
Others making the grade include Dong's 660MW Walney 3 and 258MW Burbo 2 in the Irish Sea. On the list are Dong/SMart Wind's 1200MW Hornsea 1 and Statoil/Statkraft's 402MW Dudgeon off the east coast of England.
Biomass projects finished the list, including Drax's 645MW conversion project in North Yorkshire, Lynemouth Power's 420MW conversion project in Northumberland and MGT Power's 299MW dedicated biomass CHP project on Teesside.
Total private sector investment in the projects will be Ł12 billion and they will support 8500 jobs, according to DECC.
They will combine to make 14% of renewable power that DECC anticipates to come forward in the UK by 2020.
Ed Davey, DECC secretary said, "These contracts for major renewable electricity projects mark a new stage in Britain's green energy investment boom. They will bring green jobs and growth across the UK (and) they are a significant part of our efforts to give Britain cleaner and more secure energy."
The minister said he anticipates CfDs and the broader electricity market reform process to deliver 30% renewable electricity by 2020 in the UK.
He added, "These are the first investments from our reforms to build the world's first low carbon electricity market – reforms which will see competition and markets attract tens of billions of pounds of vital energy investment whilst reducing the costs of clean energy to consumers."
