Contracts for Difference

When it is built, the 15 MW WaveHub array will be providing enough power for 6,000 homes.  The company will be able to participate in the Contracts for Difference initiative, protecting them from the ups and downs of the market.

It would appear that onshore wind has been excluded from participating in the initiative.

http://www.edie.net/news/10/Renewable-energy-developers-pass-Contracts-for-Difference-milestone/

http://inhabitat.com/carnegie-wave-...energy-and-desalination-technology-to-the-uk/

http://www.lexology.com/library/detail.aspx?g=a020e230-09d8-4b51-9dca-a0d92adcc198