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03/09/2024

Cloiche Wind Farm Secures 15-Year CfD Contract

SSE has welcomed the success of Cloiche Wind Farm in the UK's sixth Contract for Difference (CfD) Allocation Round, being awarded a 15-year contract for low carbon power for 130.5MW of new onshore wind generation.

Cloiche will receive the guaranteed strike price of £50.90/MWh, based on 2012 prices but annually indexed since then for CPI inflation, for the contracted low carbon electricity it will generate for a 15-year period from the 2027/28 delivery year.

Located in the Scottish Highlands, Cloiche, which was granted consent in November 2023, is in late-stage development and will be targeting final investment decision in 2025.

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Stephen Wheeler, Managing Director for SSE Renewables, said: "We are delighted Cloiche has been successful in AR6. Securing a route to market will enable us to progress the project which is critical to delivering new homegrown green energy for the UK.

"But there is much more to do if the UK is to meet its ambitious clean power target by 2030, which requires a quadrupling of offshore wind capacity.

"At SSE Renewables, we are waiting for consent from the Scottish Government for Berwick Bank, which at 4.1GW would be one of the world's largest offshore wind farms and would make the single biggest contribution to the achievement of both the Scottish and UK Governments' offshore wind targets.

"Ensuring mission-critical projects like Berwick Bank get consent quickly and designing the next offshore auction round to deliver over 10GW of offshore wind will give the transition to clean power by 2030 the significant boost it clearly needs."

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