Mainstream fights cancellation of CfD offer for 448MW NNG offshore project

Developer Mainstream Renewable Power (MRP) said it “strongly disputes the validity” of the UK Low Carbon Contracts Company’s (LCCC) cancellation of the project's (CfD) offer, which was originally made in February 2015.

A reason for the termination of the contract offer – awarded at a price of £114.38/MWh ($165/MWh), currently worth £120.49/MWh – is not given by the LCCC, which administers the CfD scheme for the UK government.