CfD budget increased by over 50%: industry reacts
The UK government has announced that the CfD Budget for this year’s Contracts for Difference Allocation Round 6 (AR6) will be increased by over 50%, sending shockwaves across the energy industry. The budget has been increased to £1.56 billion, an increase of £530 million from last year’s AR5 auction. Notably, the low strike price at