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Friday, February 15, 2019

United Kingdom: Geothermal to be Included in Next Contract for Difference (CfD) Auction for Renewable Energy Projects

UK's 3rd CfD auction planned to be launched on May 29 (Renewables Now)

The UK government has set May 29, 2019 as the prospective start date for the country’s third contract for difference (CfD) auction for renewable energy projects with a proposed cap of 6 GW.

In a notice addressing generators willing to be exempted from their temporary site exclusion and compete in the third allocation round, the Department for Business, Energy and Industrial Strategy (BEIS) said on Thursday that the date would be confirmed in a future update. The final date could be earlier or later than 29 May but will not be before May 1.

The planned CfD3 round will be open to all so-called Pot 2 less-established technologies such as advanced conversion technologies, anaerobic digestion (AD) of over 5 MW, biomass and combined heat and power (CHP), offshore wind, geothermal, remote island wind above 5 MW, tidal and wave power. All projects have to be delivered in 2023-2024 and 2024-2025.

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