Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 3 September 2024, the UK Department for Energy Security and Net Zero awarded Ørsted a Contract for Difference (CfD) for the 2,400 MW Hornsea 4 offshore wind farm, securing revenue support at an inflation‑indexed strike price of GBP 58.87/MWh in 2012 prices. The award, part of Allocation Round 6, provides long‑term price certainty for electricity from Hornsea 4 and was later referenced by Ørsted and local stakeholder communications as the project’s CfD award in September 2024.