East Anglia One passes CfD milestone

The third and final phase of the East Anglia One offshore wind farm has started to receive payments under the Contract for Difference (CfD) framework, the Low Carbon Contracts Company (LCCC) has announced.East Anglia One (Phase 3) achieved its Start Date on  30 May 2020.

LCCC said all three phases have passed the Operational Conditions Precedent (OCP), the contractual milestone which signifies a project has satisfied the eligibility criteria required for it to start generating electricity and receiving support under the CfD.

The wind farm is located 43km from the coast. Phase three has an expected final installed capacity of 250MW, and overall the project’s total capacity will be 714MW – one of the largest renewable installations in the world.

Neil McDermott, LCCC Chief Executive, said: “I’m thrilled to see this third and final part of East Anglia One come online. The project’s CfD was awarded in the very first Allocation Round, so it is exciting and gratifying to recognise the significance of its last phase achieving the OCP milestone and hence the start of its full role in generating secure, reliable, low-carbon energy for the UK.”

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