Boosting both CfDs and PPAs critical for delivering on Britain’s 2030 targets

New offshore wind projects in Great Britain need government support to reach completion, while Power Purchase Agreements (PPAs) can provide route to market.

Onshore wind and solar projects, on the other hand, can achieve a higher price with a PPA in certain locations, compared to securing state support through a Contract for Difference (CfD), according to Veyt modelling.

The latter applies especially to onshore wind projects in England that have higher capture rates and can be built again after the de facto onshore wind ban was lifted.