In the media

‘Monumental failure’: Firms snub offshore wind contracts in latest renewables auction

By Shosha Adie

The ENDS Report

08 September 2023

PA Consulting's Alon Carmel, energy transition expert, discusses the annual CfD auction with Shosha Adie for The Ends Report.

Commenting on this, Alon says: "The allocations for onshore wind and solar PV are at significantly higher prices than the maximum price the government had specified for offshore wind."

He adds: "Onshore wind cleared at £52.25/MWh and solar at £47/MWh, but offshore wind was constrained to a maximum of £44/MWh."

Alon concludes: “The challenge for offshore wind is that it has to compete with other technologies like onshore wind and solar, but is subject to different price restrictions.”

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