Three offshore wind farms with a capacity totalling 3.2GW have won agreements in the government’s latest contracts for difference auction. The offshore wind prices – as low as £57.5/MWh for the largest wind farms – undercut observers’ expectations. Predictions were mainly between £60 and £75. They were also well below the strike price agreed by the government for power from the planned new nuclear station at Hinkley Point C.
The three offshore wind farms offer the largest tranche of new capacity: