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Hornsea Offshore Wind Farm

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Offshore Wind  · Investment Contract  · Offshore
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Hornsea Offshore Wind Farm is a 1,218 MW offshore wind project that holds an Investment Contract, one of the early CfDs awarded before the competitive allocation rounds began. The site has 174 turbines rated at 7 MW each. The contract is live, with LCCC settlement data published from May 2019.

Strike Price
—
per MWh
Capacity
1,218
MW
Delivery Year
—
Operational Start
01/12/2019
Location & Representation
Offshore
England
Site
Planning status
Operational
Operational 01/12/2019
Turbines
174 × 7.0 MW
Location
53.6813, 1.4238
↗ View on map
REPD ref 2525
CfD Details
CfD ID
INV-HOR-003
Allocation Round
Investment Contract
Technology
Offshore Wind
Status
Live
Developer
Orsted (formerly Dong Energy)
Generation & Payment History
Export history
Period Generation (MWh) CfD Payment Market Price — IMRP (£/MWh) Indexed Strike (£/MWh) Net to Generator (£/MWh)
2026-09 103,045 ↑ £11.3M received £96.88 £206.06 £206.06
2026-08 249,822 ↑ £20.0M received £125.94 £206.06 £206.06
2026-07 284,209 ↑ £32.3M received £92.57 £206.06 £206.06
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). No stated strike price is held for this contract, so the Indexed Strike is derived from settlement data alone. Net to Generator is what the generator effectively receives per MWh after the CfD top-up or payback.
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Offshore Wind — Nearest Strike Prices

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

Project Round Strike Price Capacity Region Status
Inch Cape Phase 1 AR4 £37.35/MWh 1,080 MW Scotland Not yet
EA3 Phase 1 AR4 £37.35/MWh 1,372 MW England Not yet
Norfolk Boreas (Phase 1) AR4 £37.35/MWh 1,396 MW England Not yet
Hornsea Project Three Offshore Wind Farm AR4 £37.35/MWh 2,852 MW England Not yet
Moray West Offshore Wind Farm AR4 £37.35/MWh 294 MW Scotland Not yet
Forthwind AR3 £39.65/MWh 12 MW Scotland Not yet
Doggerbank Creyke Beck A P1 AR3 £39.65/MWh 1,200 MW England Not yet
Sofia Offshore Wind Farm Phase 1 AR3 £39.65/MWh 1,400 MW England Not yet
Seagreen Phase 1 AR3 £41.61/MWh 454 MW Scotland Not yet
Doggerbank Creyke Beck B P1 AR3 £41.61/MWh 1,200 MW England Not yet
Doggerbank Teeside A P1 AR3 £41.61/MWh 1,200 MW England Not yet
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
Hornsea Project Three Offshore Wind Farm AR6 A AR6 £54.23/MWh 360 MW England Not yet
Hornsea Project Three Offshore Wind Farm AR6 C AR6 £54.23/MWh 360 MW England Not yet
Moray Offshore Windfarm (West) String 9 AR6 £54.23/MWh 74 MW Scotland Not yet
Hornsea Project Three Offshore Wind Farm AR6 B AR6 £54.23/MWh 360 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