UK names FIDE project top-10

Ed Davey, secretary of state for energy and climate change.

Ed Davey, secretary of state for energy and climate change.

The UK government has further honed the list of UK renewable projects likely to receive an early Contract for Difference under its new support regime – and confirmed that competition for future subsidies is high on the agenda from the start of the new system.

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 Log in to read complete article.

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