4th round of the UK government’s flagship renewable energy support scheme

The fourth round of the Contracts for Difference (CfD) scheme opened with GBP 285 million a year funding for low-carbon technology. The scheme aims to secure 12GW of electricity capacity, opening funds to an expanded number of renewable energy technologies, with offshore wind, onshore wind, solar, tidal, and floating offshore wind projects. GBP 200 million available for offshore wind, GBP 75 million for emerging technologies, such as remote island wind, tidal stream, and floating offshore wind, and GBP 10 million for established technologies, such as solar and onshore wind. 

In July 2022, 11GW of clean energy (offshore wind, solar, onshore wind, floating offshore wind and tidal stream) were secured. The greatest capacity (almost 7GW) was secured from new offshore wind projects. 

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