Clean power contract auction could slash energy bills by £11bn, analysts claim

James Murray
clock • 3 min read
The Gwynt y Mor wind farm / Credit: Kevin Berry - RWE UK
Image:

The Gwynt y Mor wind farm / Credit: Kevin Berry - RWE UK

LCP Delta calculates upcoming Contract for Difference auction promises to reduce wholesale power costs and deliver net savings for households and businesses through to 2050

The UK's next clean power contract auction could deliver over £11bn in savings for consumers through to 2050, according to a new analysis from LCP Delta. The analyst firm this week published new modelling...

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