ARTICLE
6 September 2024

Offshore Wind Power - Contracts For Difference (CfD) Allocation Round 6

MC
Marks & Clerk

Contributor

Marks & Clerk is one of the UK’s foremost firms of Patent and Trade Mark Attorneys. Our attorneys and solicitors are wired directly into the UK’s leading business and innovation economies. Alongside this we have offices in 9 international locations covering the EU, Canada and Asia, meaning we offer clients the best possible service locally, nationally and internationally.
The Contracts for Difference (CfD) Allocation Round 6 awarded contracts to 131 renewable energy projects, including 9 offshore wind projects and 1 floating wind project, securing 3363.07MW of offshore wind capacity. This positive outcome is expected to drive significant investment in offshore wind innovation, particularly in intellectual property and patent protection.
United Kingdom Energy and Natural Resources
To print this article, all you need is to be registered or login on Mondaq.com.

The outcome of the Contracts for Difference (CfD) Allocation Round 6 was announced yesterday, marking a significant moment for the UK's offshore wind industry. Of the 131 successful renewable energy projects, 9 were fixed-bottom offshore wind projects, including the Inch Cape, East Anglia, Moray (West) and Hornsea projects, while one contract was awarded for a floating wind project. In this Round, offshore wind secured the highest capacity at 3363.07MW, with solar securing the second highest capacity at 3288.31MW. This represents a significant improvement from last year's Allocation Round, where no offshore wind projects were awarded contracts, signalling a positive trajectory for the industry.

The results of Allocation Round 6 are expected to stimulate significant investment in offshore wind research and development. Intellectual property, particularly patents, will play a vital role in driving innovation and competitiveness in the offshore wind industry. Developers should carefully consider both their existing and potential patent portfolios. Understanding the nuances of patent enforcement for offshore wind technology is crucial, as evidenced by the recent UK High Court ruling in the Siemens-GE patent dispute (discussed here). Robust patent protection is essential to navigate the competitive market and safeguard technological advancements.

www.energyvoice.com/...

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More