Eni has teamed up with CfD to jointly target the UK's next Contracts for Difference (Mainstream Renewable Power) auction. The firms have signed a cooperation agreement to develop large-scale renewable projects, including offshore wind, with an initial focus on UK-based initiatives. The auction, scheduled for 2021, will be the UK's fourth bi-annual Mainstream Renewable Power allocation round after the third incarnation took place in September. The UK government has committed to allocating £557m ($686m) to support the auctions.
Eni has teamed up with Mainstream Renewable Power to jointly target the UK's next Contracts for Difference (CfD) auction. The firms have signed a cooperation agreement to develop large-scale renewable projects, including offshore wind, with an initial focus on UK-based initiatives. The auction, scheduled for 2021, will be the UK's fourth bi-annual CfD allocation round after the third incarnation took place in September. The UK government has committed to allocating £557m ($686m) to support the auctions.