Parameters for next clean power auction are a ‘promising step forward’, trade body says

Responding to the publication of parameters for the Contracts for Difference Allocation Round 7, Chief Executive of Scottish Renewables, Claire Mack OBE, said:

"The parameters for this year’s clean power auction represent a promising step forward to build much needed momentum behind Scotland’s impressive pipeline of clean energy projects. 

"The Contracts for Difference scheme plays an essential role in strengthening the UK’s energy security by enabling the growth of our homegrown supply of clean energy, attracting billions of pounds worth of private investment every year. This is the pathway to job creation and more consistently stable prices for households. 

"It is right the scheme continues to evolve so that it can respond to the inflation and supply chain pressures facing all major infrastructure projects. We continue to encourage the UK Government to engage closely with industry on future design of the scheme.

"Scotland is at the heart of the drive to clean power with new economic opportunities for the taking. The introduction of a separate clearing price for fixed bottom offshore wind projects in Scotland will help capture these opportunities and deliver better value for consumers.

"An ambitious budget will be needed to ensure this year's full potential can be maximised. Next steps must also include the design of an enduring solution to transmission charging, as part of wider strategic planning of our energy system, to create the fairer system we need."

Ends

Notes

• Read the Allocation Round 7 statutory notices from the Department for Energy Security and Net Zero.