Infinergy secures CfD's for Scottish projects
The Department of Energy and Climate Change announced today that in the first allocation round of Contracts for Difference in the UK, Infinergy secured contracts for both its 177MW Dorenell Wind Farm and its 39MW Tom nan Clach Wind Farm in Scotland at a level of £82.50.
Infinergy’s Managing Director Esbjorn Wilmar said: “We are content that we secured CFD’s for both our Scottish projects Dorenell and Tom nan Clach. Infinergy can now move forward delivering these projects. We agree with DECC that the auction outcome delivers a good result for the consumer. However both our projects benefit from high wind speeds and economies of scale and might therefore not be representative for the onshore wind industry as a whole. We also note that the majority of eligible projects did not secure a CFD. As a consequence a large pool of consented renewable energy projects will be unable to progress, not fulfilling the full potential of renewable energy in the UK”.
Mr Wilmar continued: “To keep costs down independent renewable energy companies like us need a stable policy environment to foster confidence, to reduce the cost of investment and to ensure an affordable, clean and secure energy supply”.
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