Expert brief
Contract for Difference (CfD): renewable price hedge
Updated 2026-06-06•By Antoine Cazals — Voltarione•Read ~3 min
A CfD is a price-hedge contract between a renewable producer and the State or a private buyer. The strike price sets the reference; deviations are settled.
State CfD vs corporate
State (UK AR rounds, FR CRE tenders): strike State-backed. Corporate (Microsoft, Google): strike bilaterally negotiated.
2026 strikes
UK AR6 offshore £58/MWh, FR solar €65/MWh, DE wind €73/MWh.
Sources & references
Data and methodologies based on:
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