Low Carbon Contracts Company (‘LCCC’) has signed more than 200 Contracts for Difference across Allocation Round 7 and 7a, covering 14GW of renewable capacity.
LCCC said the round includes 8.2GW of fixed bottom offshore wind, 4.9GW of solar and 1.3GW of onshore wind.
The company added that contracts were issued and signed within 10 business days using its Zero digital platform.
The agreements span technologies including offshore wind, onshore wind, solar and tidal stream power.
Among the projects is the 1.4GW Phase B of the Berwick Bank Offshore Wind Farm off the east coast of Scotland.
“Allocation Round 7 demonstrates the continued strength of the Contracts for Difference scheme in delivering low-carbon power and reducing our reliance on global fossil fuel markets. LCCC’s role is to provide certainty and stability over the long term and we are proud to act as a reliable counterparty for these contracts, supporting projects from signature through to operation and beyond.” said Dan Sadler, director of scheme delivery at LCCC.
“We’re delighted to formally sign the CfD for Berwick Bank B following its AR7 success. Signing the contract with the Low Carbon Contracts Company moves us another step closer to delivering 1.4GW of secure and affordable homegrown low-carbon power for UK consumers at a competitive price. Berwick Bank will make the single biggest contribution of any Scottish project towards achieving Scotland’s and the UK’s offshore wind and Clean Power 2030 targets.” said Steve Wilson, director of offshore development and construction at SSE Renewables.