UK treads softly on CfD review as giants line up for auction‘ in Recharge quotes Giles Hundleby‘s views on the upcoming auction round for UK offshore wind. Giles’s CfD review is: “The budget allocation was a much smaller pot than the industry had been expecting. I am all for the auction being competitive with lots of projects bidding, but I’m not in favour of things being stupid. If the £60m ends up only buying 2-3GW of capacity then it seems counterproductive and the government could well have shot the industry, and itself, in the foot. However, if the process ends up being so competitive that 6GW gets awarded then the government will say it did a good thing.”.
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