Projects › MeyGen AR52

MeyGen AR52

Not yet delivering
Tidal Stream  · AR5  · Scotland

MeyGen AR52 is a 5.6 MW tidal stream project in Scotland that secured a Contract for Difference in Allocation Round 5. Its strike price is £198.00/MWh in 2012 prices; 10 of the 25 tidal stream contracts have a lower strike, and it is £1.37 below the technology average of £199.37. All 11 tidal stream contracts awarded in AR5 share this strike price, as allocation rounds clear at a single price per technology and delivery year. The project has not yet started delivering under its CfD; its delivery year is 2027.

Strike Price
£198.00
per MWh
Capacity
6
MW
Delivery Year
2027
Operational Start
2031-06-30
Expected
Location & Representation
Scotland
Scotland
Constituency
Caithness, Sutherland and Easter Ross
Local MP
Jamie Stone
Liberal Democrat
CfD Details
CfD ID
MEYGEN_AR52
Allocation Round
AR5
Technology
Tidal Stream
Status
Not yet delivering
Developer
MeyGen PLC
vs Tidal Stream Peers
This project £198.00
Tech average £199.37
Range £172.00–£265.00
Contracts 25
Total MW 143
Tidal Stream — Nearest Strike Prices

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

Project Round Strike Price Capacity Region Status
EMEC Magallanes Berth 1 AR5 £198.00/MWh 2 MW Scotland Not yet
MeyGen AR51 AR5 £198.00/MWh 12 MW Scotland Not yet
MeyGen AR53 AR5 £198.00/MWh 3 MW Scotland Not yet
Morlais Magallanes GR3 Extension AR5 £198.00/MWh 3 MW Wales Not yet
MeyGen AR54 AR5 £198.00/MWh 2 MW Scotland Not yet
MeyGen AR52 This project AR5 £198.00/MWh 6 MW Scotland Not yet
Morlais Mor Energy Zone GO3 AR5 £198.00/MWh 4 MW Wales Not yet
Morlais Verdant Isles BL3 AR5 £198.00/MWh 5 MW Wales Not yet
Orbital Marine Eday 4 AR5 £198.00/MWh 5 MW Scotland Not yet
Orbital Marine Eday 3 AR5 £198.00/MWh 2 MW Scotland Not yet
Ynni'r Lleuad AR5 £198.00/MWh 10 MW Wales Not yet
MeyGen Phase 2 AR4 £178.54/MWh 28 MW Scotland Not yet
Orbital Marine Eday 2 AR4 £178.54/MWh 5 MW Scotland Not yet
Morlais Magallanes GR3 AR4 £178.54/MWh 6 MW Wales Not yet
Orbital Marine Eday 1 AR4 £178.54/MWh 2 MW Scotland Not yet
Magallanes EMEC Berth 1 Extension AR6 £172.00/MWh 3 MW Scotland Not yet
OCEANSTAR 1 AR6 £172.00/MWh 2 MW Scotland Not yet
OCEANSTAR 5 AR6 £172.00/MWh 0 MW Scotland Not yet
SEASTAR 1 AR6 £172.00/MWh 4 MW Scotland Not yet
Ynni'r Lleuad 2 AR6 £172.00/MWh 10 MW Wales Not yet