RenewableUK policy director Gordon Edge claims the implications of a draft budget released yesterday would leave developers “hurt” as they find they “have paid handsomely to get to the point of application for CfD by securing consent and a grid connection...to find that all that has bought them is a lottery ticket and a low chance of success”.

The UK Department of Energy and Climate Change (DECC) yesterday set out draft plans to award CfDs totalling £205m ($349m) annually for projects coming onstream between 2016/17 and 2020/21.

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