Government Announces Record Breaking CfD Budget

In this course, we look at the UK government's announcement of a record breaking CfD budget of £1.5 billion, regional strategic plans to be delivered by the National Energy System Operator, wind and solar energy outperforming fossils fuels across the EU and the UK, and more.

By the end of this course, you should be able to:

1. Understand the significance of the £1.5 billion budget allocation for Allocation Round 6 (AR6) in the Contracts for Difference (CfD) scheme and its implications for the UK's renewable energy strategy
2. Identify the government's strategic focus on offshore wind, including the £1.1 billion allocation
3. Explain the role of the CfD scheme in promoting renewable energy projects and its importance in achieving the UK's decarbonised power system target by 2030