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Offshore wind farms delaying their Contracts for Difference (CfD) contracts could have made significantly higher profits since the start of this year, new data collated by Cornwall Insight has shown.
Advertisement The power purchase agreement (PPA) market for renewable assets continues to be highly competitive, according to the latest survey results from Cornwall Insight’s PPA insight service. In fact, the PPA market for renewable generation assets has seen a significant rise in the £/MWh value achieved by generators, particularly in the short-term market (deals 1 - 3 years in length). This has been driven by higher wholesale power prices and is especially notable in the Feed in Tariff (FiT) market. A growing number of FiT generators opt for PPAs instead of the administered export rate...
Contracts for Difference projects tipped to provide 10 per cent of Britain's electricity in 2021 Content by subject If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our customer service team. Vattenfall's Horns Rev 3 wind farm in the North Sea | Credit: Vattenfall Latest update from Cornwall Insight on burgeoning renewables sector published days after solar and nuclear turn South West’s grid 100 per cent zero emission Overall generation from clean energy projec...