Neart na Gaoithe is a 448 MW offshore wind project in Scotland that secured a Contract for Difference in Allocation Round 1. The site has 54 turbines rated at 8 MW each, with a tip height of 208 m. REPD lists the operator as EDF Renewables Power. Its strike price is £114.39/MWh in 2012 prices; 33 of the 35 offshore wind contracts have a lower strike, and it is £49.76 above the technology average of £64.63. The 2 offshore wind contracts awarded in AR1 range from £114.39 to £119.89/MWh, averaging £117.14. The contract is live, with LCCC settlement data published from April 2025.
| Period | Generation (MWh) | CfD Payment | Market Price — IMRP (£/MWh) | Indexed Strike (£/MWh) | Net to Generator (£/MWh) |
|---|---|---|---|---|---|
| 2026-09 | 22,924 | ↑ £1.5M received | £102.04 | £167.68 | £167.68 |
| 2026-08 | 98,103 | ↑ £4.4M received | £122.65 | £167.68 | £167.68 |
| 2026-07 | 87,710 | ↑ £5.8M received | £102.08 | £167.68 | £167.68 |
Projects with the most similar strike prices to this contract across all rounds.
| Project | Round | Strike Price | Capacity | Region | Status |
|---|---|---|---|---|---|
| Neart na Gaoithe This project | AR1 | £114.39/MWh | 448 MW | Scotland | Live |
| EA 1 | AR1 | £119.89/MWh | 714 MW | England | Live |
| Norfolk Vanguard West CFD Unit B | AR7 | £91.20/MWh | 90 MW | England | Not yet |
| Dogger Bank South East CfD Unit A | AR7 | £91.20/MWh | 1,500 MW | England | Not yet |
| Norfolk Vanguard East CFD Unit A | AR7 | £91.20/MWh | 1,380 MW | England | Not yet |
| Norfolk Vanguard West CFD Unit C | AR7 | £91.20/MWh | 75 MW | England | Not yet |
| Norfolk Vanguard East CFD Unit B | AR7 | £91.20/MWh | 90 MW | England | Not yet |
| Norfolk Vanguard East CFD Unit C | AR7 | £91.20/MWh | 75 MW | England | Not yet |
| Dogger Bank South West CfD Unit A | AR7 | £91.20/MWh | 1,500 MW | England | Not yet |
| Norfolk Vanguard West CFD Unit A | AR7 | £91.20/MWh | 1,380 MW | England | Not yet |
| Awel y Môr Offshore Wind Farm A | AR7 | £91.20/MWh | 775 MW | Wales | Not yet |
| Berwick Bank Phase B | AR7 | £89.49/MWh | 1,380 MW | Scotland | Not yet |
| Triton Knoll Offshore Wind Farm | AR2 | £74.75/MWh | 860 MW | England | Live |
| Hornsea Project Four Offshore Wind Farm | AR6 | £58.87/MWh | 2,400 MW | England | Not yet |
| East Anglia Two, Phase 1 | AR6 | £58.87/MWh | 963 MW | England | Not yet |
| Moray Offshore Windfarm (East) | AR2 | £57.50/MWh | 950 MW | Scotland | Live |
| Hornsea Project 2 | AR2 | £57.50/MWh | 1,386 MW | England | Live |
| Inch Cape A | AR6 | £54.23/MWh | 177 MW | Scotland | Not yet |
| Inch Cape B | AR6 | £54.23/MWh | 89 MW | Scotland | Not yet |
| EA3B | AR6 | £54.23/MWh | 159 MW | England | Not yet |