Wishing the best of luck to our clients and contacts pitching in to the EFR tender, who are probably recovering from a reasonably hectic week. Although, the attractiveness of 50MW maximum bid size and 4 year contracts are not to be underestimated, it's important that storage sector clients don't pin all their hopes on nicely counter-partied service contracts. 

Perhaps as part of lessons learned from the CfD process, the EFR tender package has fairly stiff requirements for bid deposits (along with a slightly shonky draft deed), but it does at least provide a degree of certainty that successful projects will be built out, which is a clearly a proper outcome. 

Breath bated now until August. Now, back to the capacity market...