Neart na Gaoithe
Operational
Offshore Wind
· AR1
· Edinburgh and Lothians
Strike Price
£114.39
per MWh
Operational Start
2025-04-16
Location & Representation
Edinburgh and Lothians
Scotland
Constituency
Lothian East
Local MP
Mr Douglas Alexander
Labour
CfD Details
Developer
Neart na Gaoithe Offshore Wind Limited
vs Offshore Wind Peers
This project
£114.39
Tech average
£64.63
Range
£37.35–£119.89
Contracts
35
Total MW
30,005
Generation & Payment History
| Period |
Generation (MWh) |
CfD Payment |
Market Price — IMRP (£/MWh) |
Indexed Strike (£/MWh) |
Net to Generator (£/MWh) |
| 2026-08 |
79,965 |
↑ £3.7M received
|
£120.83
|
£167.68
|
£167.68
|
| 2026-07 |
87,786 |
↑ £5.8M received
|
£102.07
|
£167.68
|
£167.68
|
| 2026-06 |
95,813 |
↑ £6.8M received
|
£96.32
|
£167.68
|
£167.68
|
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 £114.39/MWh in 2012 prices. 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.
Full history is a Pro feature
Subscribe to unlock complete generation and payment records for every project.
View plans — from £25/month
Offshore Wind — Nearest Strike Prices
Projects with the most similar strike prices to this contract across all rounds.