SIMEC Atlantis (SAE) has announced that it has won four Contracts for Difference (CfD) in allocation round 5, guaranteeing £198/MWh for 15 years from the commissioning date in March 2028, allowing for approximately 22MW of additional tidal energy capacity at its MeyGen project. This award follows the company securing support for 28MW of new tidal capacity in the previous allocation round for a combined total of 50MW. This award confirms Simec Atlantis’ position as one of the leading tidal energy ....

08 Sep 2023
Simec Atlantis- CFD Support for MeyGen in Round 5

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Simec Atlantis- CFD Support for MeyGen in Round 5
SIMEC Atlantis Energy Ltd. (SAE:LON) | 1.2 0 8.8% | Mkt Cap: 8.67m
- Published:
08 Sep 2023 -
Author:
Max Campbell -
Pages:
3 -
SIMEC Atlantis (SAE) has announced that it has won four Contracts for Difference (CfD) in allocation round 5, guaranteeing £198/MWh for 15 years from the commissioning date in March 2028, allowing for approximately 22MW of additional tidal energy capacity at its MeyGen project. This award follows the company securing support for 28MW of new tidal capacity in the previous allocation round for a combined total of 50MW. This award confirms Simec Atlantis’ position as one of the leading tidal energy ....