Episode 32: Analysis of the Contracts for Difference (CfD) Results

Earlier this month, the UK Government announced a record amount of renewable energy was secured through the biggest ever round of the Contracts for Difference Scheme. The auction results once again underlined that offshore wind is primed to continue playing an increasingly important role in our energy mix for years to come as well as highlighting the role of floating wind and tidal energy within our future energy mix. But what do the results mean? Tom Quinn, Analysis and Insights Manager, is joined today by our Head of Analysis and Insights, Gavin Smart for his take on the latest results. NOTE: Gavin refers to two blogs during the discussion, you can read them here. What does the BEIS CfD AR4 announcement mean for the tidal stream energy sector? https://ore.catapult.org.uk/blog/analysis-cfd-ar4-tidal-stream-announcement/ Allocation Round 4 Summary – How much capacity does this buy us?https://ore.catapult.org.uk/blog/allocation-4-summary-aecapacity-buy-us/