Projects › Energy Works (Hull)

Energy Works (Hull)

Awaiting CfD start
Advanced Conversion Technology  · AR1  · England

Energy Works (Hull) is a 25 MW advanced conversion technology project in England that secured a Contract for Difference in Allocation Round 1. REPD lists the operator as Energy Works / The Spencer Group. Its strike price is £119.89/MWh in 2012 prices, the joint highest of 11 advanced conversion technology contracts, and it is £42.69 above the technology average of £77.20. The 3 advanced conversion technology contracts awarded in AR1 range from £114.39 to £119.89/MWh, averaging £118.06. The plant is recorded as operational from 1 March 2018, but no CfD settlement has been published yet, so it may currently be selling its output at market prices rather than under the contract.

Strike Price
£119.89
per MWh
Capacity
25
MW
Delivery Year
2017
Operational Start
2019-12-09
Location & Representation
England
England
Constituency
Kingston upon Hull East
Local MP
Karl Turner
Independent
Site
Planning status
Operational
Operational 01/03/2018
Location
53.7583, -0.3275
↗ View on map
REPD ref 919
CfD Details
CfD ID
AAA-ENE-171
Allocation Round
AR1
Technology
Advanced Conversion Technology
Status
Awaiting CfD start
Developer
Energy Works (Hull) Limited
vs Advanced Conversion Technology Peers
This project £119.89
Tech average £77.20
Range £39.65–£119.89
Contracts 11
Total MW 160
Generation & Payment History
Period Generation (MWh) CfD Payment Market Price — IMRP (£/MWh) Indexed Strike (£/MWh) Net to Generator (£/MWh)
2020-06 — ↑ £0.0M received — — —
2020-05 — ↑ £0.0M received — — —
2020-04 — ↑ £0.0M received — — —
Market Price is the generation-weighted Intermittent Market Reference Price (IMRP) published by LCCC, in current prices. CfD strike prices are quoted in 2012 prices but settled at a CPI-indexed value, so the Indexed Strike shown here is derived from the actual settlement: IMRP + (CfD Payment ÷ MWh). This project's stated strike is £119.89/MWh in its allocation round price base. Hover the Indexed Strike for the indexation factor. Net to Generator is what the generator effectively receives per MWh after the CfD top-up or payback.
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Advanced Conversion Technology — Nearest Strike Prices

Projects with the most similar strike prices to this contract across all rounds.

Project Round Strike Price Capacity Region Status
Energy Works (Hull) This project AR1 £119.89/MWh 25 MW England Not yet
Enviroparks Hirwaun Generation Site AR1 £119.89/MWh 11 MW Wales Not yet
BHEG Walsall AR1 £114.39/MWh 26 MW England Not yet
Drakelow Renewable Energy Centre AR2 £74.75/MWh 15 MW England Not yet
Station Yard CFD 1 AR2 £74.75/MWh 0 MW Wales Not yet
Northacre Renewable Energy Centre AR2 £74.75/MWh 26 MW England Not yet
IPIF Fort Industrial REC AR2 £74.75/MWh 10 MW England Not yet
Blackbridge TGS 1 Limited AR2 £74.75/MWh 6 MW England Not yet
Small Heath Bio Power Limited AR3 £41.61/MWh 6 MW England Not yet
Redruth EfW AR2 £40.00/MWh 8 MW England Not yet
Bulwell Energy Limited AR3 £39.65/MWh 28 MW England Not yet