Offshore projects totalling 5500MW have signed the Contracts for Difference offered in the UK’s third round allocation, according to the Low Carbon Contracts Company (LCCC).
Four remote island wind farms with combined capacity of over 274MW and 34MW of advanced conversion technologies have also signed the contracts offered to them, LCCC said.
The offshore wind projects are SSE and Equinor’s 1.2GW each Dogger Bank Creyke Beck A, Creyke Beck B and Teesside A, SSE’s 454MW Seagreen 1, Innogy’s 1.4GW Sofia and the 12MW Forthwind demo.
Remote island wind projects are the 189MW Muaitheabhal, 16.32MW Costa Head, 49.5MW Druim Leathann and 20.4MW Hesta Head developments.
LCCC, which is the designated counterparty for CfDs, said the signing of the contracts secures price certainty in exchange for a commitment to develop the projects.
The projects must now pass their initial conditions precedent within 10 working days, it said.
“This is the first step in a journey to construction and operation of the projects in the mid-2020s,” LCCC added.
LCCC chief executive Neil McDermott said: “We are delighted to see the CfD contract enabling another new tranche of low-carbon generation at such low cost to the consumer.
“Once operational, these projects will result in 29TWh of affordable, green power being supplied annually, increasing by 60% our forecast generation from the renewable CfD portfolio pipeline.”