Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 14 January 2026, Awel y Môr Offshore Wind Farm secured a 20‑year Contract for Difference (CfD) from the UK government in Allocation Round 7, providing revenue certainty for 775 MW of offshore wind capacity located off the north Wales coast. The CfD, awarded at a strike price of £91.20/MWh (2024 prices), gives the RWE‑led project and its partners Stadtwerke München and Siemens Financial Services a guaranteed offtake price for electricity from around 2030/31, enabling the project to move towards Final Investment Decision and construction.