RCEM: Views on Energy News

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The UK Department of Energy and Climate Change (DECC) announced on Thursday 26 February the results of the first auctions for the allocation of Contracts-for-Difference (CfD). CfD is a policy under the UK Government's Electricity Market Reform programme for the competitive allocation of support to renewable energy technology projects. 27 CfD contracts have been awarded, that included 2 offshore wind farms, 15 onshore wind farms and 5 solar PV projects, securing support for more than 2GW of new renewable electricity capacity. The total amount of support amounted to a total of £315 million.

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