SSE PLC

SSE secures 1.4GW CfD for Berwick Bank Wind Farm

SSE has successfully secured a 20-year contract for 1.4GW of low carbon offshore wind power from Phase B of its Berwick Bank Wind Farm project in the UK's seventh Contracts for Difference (CfD) Allocation Round, announced today.

Berwick Bank B will receive the guaranteed strike price of £89.49/MWh for 1,380MW of offshore renewable energy capacity, based on 2024 prices, but annually indexed since then for CPI inflation, for the contracted low carbon electricity it will generate for a 20-year period.

SSE will now progress the project towards a final investment decision in line with our hurdle rates and investment criteria, expected in 2027.

Following this contract success for Berwick Bank B, the remaining two A and C phases of Berwick Bank are available for entry into upcoming auction rounds, with the UK's eighth CfD allocation round expected towards the end of this year. The three phases of Berwick Bank Wind Farm together total 4.1GW. 

Martin Pibworth, Chief Executive of SSE plc, said:

"We are delighted Berwick Bank B has been successful in AR7 and has secured a CfD for 1.4GW of essential new low-carbon power for the UK at a competitive price for consumers. This milestone enables us to advance the project towards a final investment decision and reinforces our commitment at SSE to delivering sustainable growth and long-term value for society, for consumers and for our shareholders.

"If built to its full projected capacity of more than 4GW, Berwick Bank Wind Farm can rank among the largest offshore wind projects globally. It would represent the single most significant contribution toward achieving the Scottish and UK Governments' offshore wind targets and can accelerate the delivery of homegrown, affordable and secure clean energy to UK consumers from excellent Scottish offshore wind resources."

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