Energy UK responds to Government's announcement on the fourth round of the Contracts for Difference scheme
In response to Government’s announcement on the fourth round of the Contracts for Difference (CfD) scheme, Emma Pinchbeck, Energy UK’s chief executive said:
“We have long called for the next Contracts for Difference (CfD) auction round to bring forward as much low carbon power as possible - so we strongly welcome the potential for double the capacity to bid in next year.
“Past auctions have been extremely successful, with renewables now an extremely cheap and mainstream form of power. The return of solar and onshore wind, and the inclusion of new and necessary technologies like floating wind and storage is good news for bill payers and for British industry alike.
“With the world looking to us as we host key UN negotiations next year, the UK will need bold measures to deliver on the Prime Minister’s 10 Point Plan and our international commitment to tackle climate change.”