Government signs £260 million transitional biomass contract with Lynemouth
DESNZ and the Low Carbon Contracts Company have signed a four-year Low-Carbon Dispatchable Contract for Difference with the 420 MW Lynemouth biomass power station. The contract will run from April 2027 to March 2031 at a strike price of £154/MWh in 2024 prices. Subsidised generation will be capped at a 27% annual load factor, with a […]