Contracts for Difference (CfD) Allocation Round 3: results - published 20 September 2019, revised 11 October 2019
Updated 11 October 2019
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(A) Information on the successful applicants
Information on the successful applicants – strike prices are in 2012 prices.
| Project name | Developer | Technology type | Capacity | Strike price (£/MWh) | Delivery year | Homes powered | Region |
|---|---|---|---|---|---|---|---|
| Bulwell Energy Limited | Bulwell Energy Limited | Advanced Conversion Technologies | 27.50 | 39.650 | 2023/24 | 50,980 | England |
| Small Heath Bio Power Limited | Small Heath Bio Power Limited | Advanced Conversion Technologies | 6.10 | 41.611 | 2024/25 | 11,310 | England |
| Costa Head Wind Farm | Costa Head Wind Farm Limited | Remote Island Wind | 16.32 | 39.650 | 2023/24 | 15,750 | Scotland |
| Druim Leathann Windfarm Limited | Druim Leathann Windfarm Limited | Remote Island Wind | 49.50 | 41.611 | 2024/25 | 47,760 | Scotland |
| Hesta Head Wind Farm | Hesta Head Wind Farm Limited | Remote Island Wind | 20.40 | 39.650 | 2023/24 | 19,680 | Scotland |
| Muaitheabhal Wind Farm | Uisenis Power Limited | Remote Island Wind | 189.00 | 39.650 | 2023/24 | 182,340 | Scotland |
| Doggerbank Creyke Beck A P1 | Doggerbank Offshore WindFarm Project1ProjcoLimited | Offshore Wind | 1200.00 | 39.650 | 2023/24 (see note 1) | 1,505,330 | England |
| Doggerbank Creyke Beck B P1 | Doggerbank Offshore WindFarm Project2ProjcoLimited | Offshore Wind | 1200.00 | 41.611 | 2024/25 (see note 1) | 1,505,330 | England |
| Doggerbank Teeside A P1 | Doggerbank Offshore WindFarm Project3ProjcoLimited | Offshore Wind | 1200.00 | 41.611 | 2024/25 (see note 1) | 1,505,330 | England |
| Forthwind | Forthwind Limited | Offshore Wind | 12.00 | 39.650 | 2023/24 | 15,050 | Scotland |
| Seagreen Phase 1 | Seagreen Wind Energy Limited | Offshore Wind | 454.00 | 41.611 | 2024/25 (see note 1) | 569,520 | Scotland |
| Sofia Offshore Wind Farm Phase 1 | Sofia Offshore Wind Farm Limited | Offshore Wind | 1400.00 | 39.650 | 2023/24 (see note 1) | 1,756,220 | England |
Note 1: This project will be built in 3 phases, the delivery year listed is for phase 1.
(B) Estimated notional monetary budget impact
Estimated notional monetary budget impact (as strike prices are below the reference prices)*
| 2023/24 | 2024/25 | 2025/26 | 2026/27 | |
|---|---|---|---|---|
| Pot 2 | -£17,349,380.97 | -£113,935,430.01 | -£220,191,023.00 | -£307,049,253.88 |
*as calculated by National Grid ESO according to the Allocation Framework published on 1 May 2019 (2012 prices)
(C) Estimated actual monetary budget impact
Estimated actual monetary budget impact (as strike prices are below the reference prices)*
| 2023/24 | 2024/25 | 2025/26 | 2026/27 | |
|---|---|---|---|---|
| Pot 2 | £0.00 | £0.00 | £0.00 | £0.00 |
*as calculated by National Grid ESO according to the Allocation Framework published on 1 May 2019 (2012 prices)
(D) The total value of all applications received
The total value of all applications received, valued at the Administrative Strike Price*
| 2023/24 | 2024/25 | 2025/26 | 2026/27 | |
|---|---|---|---|---|
| Pot 2 | £136,484,865.91 | £402,261,879.40 | £372,480,819.60 | £413,994,655.05 |
*as calculated by National Grid ESO according to the Allocation Framework published on 1 May 2019 (2012 prices)
(E) Breakdown of the outcome by technology, year and clearing price
Breakdown of the outcome by technology, year and clearing price (2012 prices)
| Technology | 2023/24 | 2024/25 | Total Capacity (MW) | |
|---|---|---|---|---|
| Advanced Conversion Technologies | £/MWh | 39.65 | 41.611 | |
| MW | 27.50 | 6.10 | 33.60 | |
| Remote Island Wind | £/MWh | 39.65 | 41.611 | |
| MW | 225.72 | 49.50 | 275.22 | |
| Offshore Wind | £/MWh | 39.65 | 41.611 | |
| MW | 2612.00 | 2854.00 | 5466.00 |
(F) Percentage (%) saving on administrative strike price for each technology as result of competition (2012 prices)
| Technology | 2023/24 Administrative strike price £/MWh | Clearing price £/MWh | % saving |
|---|---|---|---|
| Advanced Conversion Technologies | 113.00 | 39.65 | 65% |
| Remote Island Wind | 82.00 | 39.65 | 52% |
| Offshore Wind | 56.00 | 39.65 | 29% |
| Technology | 2024/25 Administrative strike price £/MWh | Clearing price £/MWh | % saving |
|---|---|---|---|
| Advanced Conversion Technologies | 111.00 | 41.611 | 63% |
| Remote Island Wind | 82.00 | 41.611 | 49% |
| Offshore Wind | 53.00 | 41.611 | 21% |