UK CfD offshore wind projects totaling 5.5 GW pass key commitment test

摘要

Six offshore wind projects in UK waters totaling 5.5 GW of potentialnew capacity have passed a key test of their commitment to proceedto completion, government agency Low Carbon Contracts Companysaid May 6.The projects (see table), have passed LCCC’s MilestoneRequirement, which requires developers to incur costs equal to 10% oftotal project cost or prove financing is in place and contracts awardedwithin a specified time frame. Failure to do this leads to termination ofContract for Difference subsidies. “The projects are due to come onlinein the mid-2020s, and, once operational, will typically generate around23.9 TWh of low-carbon electricity annually – enough to power overeight million homes,” the LCCC said.