The projects offered CFDs – and 15-year guaranteed ‘strike prices’ for their power – are the first under the electricity market reform (EMR) process that will replace the existing support arrangements for large-scale renewables in a phased process over the next few years.

The five offshore wind farms are the 660MW Walney and 258MW Burbo Bank Extension projects owned by Dong Energy; the 400MW Dudgeon development of Norwegian duo Statoil and Statkraft; the 1.2GW