Two weeks ago the Department of Energy and Climate Change (DECC) said a list of 16 projects had met the minimum criteria under the so-called Final Investment Decision Enabling (FIDE) mechanism, including seven offshore wind developments.
FIDE is designed to help keep the renewables project pipeline rolling during the policy transition between the current regime and the and new CfD-based system.
DECC today said all 16 had been sent draft investment contracts - but revealed a shorter list of 10 that have been deemed “provisionally affordable”, and presumably first in line for a share of the support allotted to the FIDE process.
That list includes the Burbo Bank extension, Walney Extension and Hornsea projects - all under development by Dong Energy – plus...
