The Low Carbon Contracts Company has pulled the plug on a Contract for Difference (CfD) won last month for the 8MW Redruth energy-from-waste (EfW) project in Cornwall.
The developer of the project, Redruth EFW Limited, failed to return a signed CfD to the LCCC by today’s 5pm deadline.
The Manchester company last month won a contract worth £40 per megawatt-hour for 15 years in the CfD2 auction that took place over the summer.
The advanced conversion technologies project was slated for installation in 2022–23.
Sources said the £40/MWh bid for the Redruth EfW project – the only fuelled project to secure a CfD for 2022–23 delivery – was “aggressive”.
The LCCC said the other 10 projects awarded CfD2 funding have returned signed contracts, including Dong Energy’s 1386MW Hornsea 2, Innogy UK Renewables' 860MW Triton Knoll and EDPR’s 950MW Moray 1 offshore wind farms.
The 10 projects have a total capacity of 3337.95MW.
Image: EfW plant (Bombardier)