Guidance

Contracts for Difference: An explanation of the methodology used to set administrative CFD strike prices for the next CFD allocation round

This sets out the methodology used to determine the strike prices for the second CFD allocation round.

• From: Department for Energy Security and Net Zero and Department for Business, Energy & Industrial Strategy
• Published: 9 November 2016

This was published under the 2016 to 2019 May Conservative government

Documents

Strike price methodology

PDF, 365 KB, 15 pages

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Details

This paper explains the methodology for determining the Contract for Difference (CFD) administrative strike prices (ASPs) for the next pot 2 (less established technologies) allocation round. The auction is held on a pay-as-clear basis, subject to no project receiving a higher strike price than its technology-specific ASP. The ASPs therefore act to cap the support rate available to each technology.

Published 9 November 2016