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GEL awarded first ever CfD for geothermal energy

GEL awarded Contracts for Difference for three geothermal projects by UK government

Staff Writer
UK geothermal energy specialist GEL has been awarded Contracts for Difference (CfD) in the UK Allocation Round 5 (AR5) process for three projects

UK geothermal energy specialist GEL has been awarded Contracts for Difference (CfD) in the UK Allocation Round 5 (AR5) process for three projects

These are the first-ever CfD allocated to geothermal. The contracts will run for 15 years and are underwritten by the UK government. The successful CfD allocations are a significant milestone for the...

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