camelot-forum.co.uk

They look good. Approx 10GW of capacity issued. [Apologies for so many edits.]

Onshore wind prices have fallen back a bit from the inflationary highs of last year at £51/MWh v's £52, PV up a bit at £50 v's £47, and off-shore wind has gone up considerably (from the £37 in the round 4 results, but at £59/MWh for 2/3rds of the bids and £54/MWh for the others, still way below the £73 bid max (panic) price that was introduced to ensure bids. [In the R5 auction the bid max was lowered from £46 to £44, despite the Ukraine invasion and cost spiralling, and attracted no bids.]

Contracts for Difference Allocation Round 6 results

I see the borrowed parts of both Ripple KH and DW managed to get in at a strike price of 5.09p / kWh and 5.007p / kWh respectively.

Looks to me like solar was a real winner here 3GW at around £50?

Some tidal projects in there too which is cool

Yeah, at first glance it does look like a decent amount of capacity and reasonable prices. Bearing in mind that the auctions are now annual, rather than biennial, so I think it's quite a lot of capacity approved.

Hopefully we'll get some good articles/breakdowns soon explaining how this auction relates to others. There is a Guardian article, which is fine, but I need someone clever(!) to set these results in context.

Renewable energy auction secures enough power for 11m UK homes

Just noticed almost all of the off shore wind is English (4.6GW out of 4.9GW). I wonder if that's just a quirk of the round, or relates in some way to grid connection/expansion plans?

Good spot - although alot/most of the new offshore that's been accepted is the Hornsea offshore windfarm rounds 3 and 4 so that explains a lot of it

This is also interesting - frustration regarding the lack of native production for turbines/towers/steel/technology in these bids - which does seem an oversight

https://renews.biz/95463/uk-must-addres ... g-deficit/

This up on Ripple site for cfd's

Kirk Hill - £50.90/MWh (£71.08/MWh / 7.1p/kWh in 2024 money)

Derril Water - £50.07/MWh (£69.92/MWh / 7.0p/kWh in 2024 money)


https://community.rippleenergy.com/gene ... bSHV6N6jky