Notice

Contracts for Difference (CfD) Allocation Round 4: Draft budget notice

This draft budget notice sets out information on budget, strike prices, delivery years, capacity caps, and details of any minima or maxima for the fourth CfD Allocation Round.

• From: Department for Energy Security and Net Zero and Department for Business, Energy & Industrial Strategy
• Published: 13 September 2021

Documents

Contracts for Difference (CfD): Draft Budget Notice for the fourth allocation round, 2021

PDF, 184 KB, 8 pages

Accompanying note to the Draft Budget Notice for the Fourth Contracts for Difference Allocation Round

PDF, 132 KB, 3 pages

Details

This draft budget notice sets out information on:

• draft budget
• draft strike prices
• capacity caps
• whether any minima or maxima apply to the fourth Allocation Round
• any other relevant details

We are opening:

• 2023 to 2024 and 2024 to 2025 as delivery years for Pot 1
• 2025 to 2026 and 2026 to 2027 as delivery years for Pot 2 and Pot 3

The draft budget notice should be read in conjunction with the accompanying note. A final budget notice will be issued no later than 10 working days prior to the commencement of the Allocation Round.

Published 13 September 2021