Forecast Average Strike Price and Market Price

This dataset includes the future CfD generation weighted average strike prices (£/MWh) estimated by LCCC using 2020 real prices. It also includes the weighted average strike prices for the whole CfD portfolio including bespoke contracts, investment contracts, CfDs awarded under different allocation rounds to date and annual forecast market prices estimated by BEIS (https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/802478/Annex-m-price-growth-assumption_16-May-2019.ods)

This dataset is updated following the end of each financial year.

Data and Resources

Additional Info

Field Value
Last Updated October 26, 2023, 12:12 (UTC)
Created October 17, 2023, 16:00 (UTC)
Allocation Round 1 Weighted Average Strike Price (£/MWh) Weighted average Strike Price of the CfDs awarded under Allocation Round AR1 which ran from October 2014 to March 2015
Allocation Round 2 Weighted Average Strike Price (£/MWh) Weighted average Strike Price of the CfDs awarded under Allocation Round AR2 ran from March to September 2017
Allocation Round 3 Weighted Average Strike Price (£/MWh) Weighted average Strike Price of the CfDs awarded under Allocation Round AR3 ran from May to September 2019
BEIS Forecast Wholesale Price (£/MWh) Annual Market price forecast by BEIS
Bespoke Weighted Average Strike Price (£/MWh) Weighted average Strike Price of the CfDs under bespoke (Nuclear) contracts
Connection Type Connection type of the transmission or distribution network
Financial Year Financial Year from April to March
Investment Contract Weighted Average Strike Price (£/MWh) Weighted average Strike Price of the CfDs under Investment contracts which is an early form of CfD, provided for by the Energy Act 2013 (EA 2013) as a transition arrangement whilst the CfD programme arrangements were finalised
Technology Type Technologies of CfD generators e.g.: Offshore Wind, Onshore Wind, Solar PV, Advanced Conversion Technology, Nuclear
Weighted average strike price (£/MWh) Weighted average Strike price of Allocation processes in each Financial Year