UK Extends Renewable Energy Contracts to 20 Years in Latest CfD Overhaul ...Middle East

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UK Extends Renewable Energy Contracts to 20 Years in Latest CfD Overhaul
source : OILPRICE ( Middle East ) () 68
The UK government has confirmed it will extend the length of its renewable energy contracts—from 15 years to 20—under the Contracts for Difference (CfD) scheme. This change, confirmed July 15, kicks in with Allocation Round 7 (AR7), opening for bids in August 2025, and applies to solar, onshore wind, offshore wind, and floating offshore wind technologies. The CfD scheme, the government’s flagship program for supporting low-carbon electricity, offers developers a guaranteed price for the power they generate. By stretching the contract…

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