“Allocation Round 7 demonstrates the continued strength of the Contracts for Difference scheme in delivering low-carbon power and reducing our reliance on global fossil fuel markets” , said Dan Sadler , Director of Scheme Delivery at LCCC.

“LCCC’s role is to provide certainty and stability over the long term and we are proud to act as a reliable counterparty for these contracts, supporting projects from signature through to operation and beyond. These contracts will act as price stability mechanism over the next 15-20 years, helping to protect from external shocks.”