Energy Transition

'No silver bullet': CfDs can stifle innovation and undermine domestic industry, OIES study suggests

Failure of UK’s last renewables auction highlighted several problems with the CfD mechanism, research paper says

The CfD mechanism was key for Hornsea 2, the largest offshore wind farm in the world — The CfD mechanism was key for Hornsea 2, the largest offshore wind farm in the worldFoto: Orsted

Cosmo Sanderson

Journalist

UK Europe Oxford Institute for Energy Studies

Published 26 April 2024, 10:41Updated 26 April 2024, 10:58