Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
Ocean Winds secured a 15‑year UK Contract for Difference (CfD) for its 882 MW Moray West offshore wind farm in Allocation Round 4, covering 294 MW of capacity at a strike price of £37.35/MWh in 2012 prices. This award provides a stable revenue mechanism for roughly one‑third of the project’s output and was identified as a key milestone towards final investment decision and construction.