Negative
Setback or risk materialised
High Impact
Major milestone or critical setback
On 15 January 2026, it was reported that the Mona offshore wind project, together with the Morgan project, failed to secure a Contract for Difference (CfD) in the UK’s seventh allocation round, leading EnBW to announce its withdrawal from the joint venture on the grounds that the projects were no longer economically viable under its criteria. This outcome meant Mona did not obtain revenue support in that auction round and prompted a change in the project’s ownership structure while development planning continued under JERA Nex bp.