Clash Gour wind farm developers EDF Renewables have successfully bid for the Allocation Round 5 for the UK Government’s Contract for Difference – Forres Gazette

LOCAL wind farm developers are to receive help from the government to produce affordable energy.

EDF Renewables, who secured planning consent for 48-turbine 225MW Clash Gour wind farm near Forres last year, have successfully bid for the Allocation Round 5 for the UK Government’s Contract for Difference (CfD).

An EDF spokesperson explained that the scheme supports low-carbon electricity generation by providing developers with a stabilised price for their electricity output, protecting them from fluctuating wholesale prices. This incentivises investment and shields consumers from pay support costs when electricity prices are high.

The spokesperson said: “CfD’s incentivise investment in renewable energy by providing developers of projects with high upfront costs and long lifetimes with direct protection from volatile wholesale prices. They protect consumers from paying increased support costs when electricity prices are high. In addition, by making our projects more viable to build and meeting the ambitious targets for climate change, it allows us to be less reliant on fossil fuels.”  https://www.forres-gazette.co.uk/news/government-support-will-help-achieve-target-date-for-new-win-327772/?fbclid=IwAR0HuSnZ_gPM9xJHC9HFWha3Qi380oa5v8mJP9KPkcnioM8avJQ4f4EbMyM