The latest parameters for the Contracts for Difference (CfD) Allocation Round 7 (AR7) have been welcomed by Scottish Renewables as a "promising step forward" for Scotland’s burgeoning clean energy sector. Claire Mack OBE, Chief Executive of Scottish Renewables, emphasised the scheme’s crucial role in bolstering the UK’s energy security and attracting billions in private investment.

Mack noted that the CfD scheme is essential for enabling the growth of homegrown clean energy, which in turn leads to job creation and more stable energy prices for consumers. She stressed the importance of the scheme’s continued evolution to address ongoing inflation and supply chain pressures affecting major infrastructure projects, urging the UK Government to maintain close engagement with the industry on future design.

-- Advertisement --

A significant positive for Scotland is the introduction of a separate clearing price for fixed-bottom offshore wind projects within the country. Mack highlighted that this measure will help capture economic opportunities and deliver better value for consumers.

Looking ahead, Mack called for an ambitious budget for AR7 to maximise its potential. She also stressed the necessity of designing an enduring solution to transmission charging as part of a wider strategic planning of the energy system, aiming to create a fairer system for all.